What would be total cpp remitted to canada revenue agency

Assignment Help Financial Accounting
Reference no: EM133040117

Questions -

Q1. An employee has bi-weekly earnings of $1,000.00. What is the Canada Pension Plan contribution?

Q2. An employee has $34.75 deducted from their pay for Canada Pension Plan (CPP) contributions. What would be the total CPP remitted to Canada Revenue Agency?

Q3. An error was found on Jocelyn's bi-weekly pay cheque. When she brought it to the attention of the Payroll Department, they realized that they had underpaid her by $203.60 so they issued her a separate payment in the same pay period. Calculate the Canada Pension Plan contribution for this separate payment.

Q4. Anita turned 70 on April 10, 2020 and is working in pensionable employment. When would her employer stop withholding Canada Pension Plan contributions?

-First pay in January, 2020

-First pay in April, 2020

-First pay after April 10, 2020

-First pay in May, 2020

Q5. The following employees are not in receipt of benefits from the Canada or Québec Pension Plan. On the first pay in November 2020 , which employee will you withhold contributions from?

-Alexandra, whose date of birth is October 20th, 2002

-Mary, whose date of birth is November 14th,

-2002 Reema, whose date of birth is December 1st, 2002

-John, whose date of birth is December 12th, 2002

Reference no: EM133040117

Questions Cloud

What are the dividends received by the common stockholders : In 2020, $80,000 of dividends are declared and paid. What are the dividends received by the common stockholders in 2020
Calculate the material price variance : Standards call for 3.0 relays per unit of finished product. Calculate material price variance and material quantity variance related to M640 electrical relay
Explain two benefits of computerised purchasing system : Explain TWO (2) benefits of computerised purchasing system. Explain the best solution to solve the above situation. Give TWO (2) reasons to support your answer
Creator-consumer balance : Creator/Consumer Balance. How should a for-profit corporation balance its business needs with the needs of its customers?
What would be total cpp remitted to canada revenue agency : An employee has $34.75 deducted from their pay for Canada Pension Plan (CPP) contributions. What would be the total CPP remitted to Canada Revenue Agency
Change organization culture : Why is it so difficult to change an organization's culture? As a leader, how would you use this information?
Compare liquidity and solvency : Compare and contrast liquidity and solvency. Choose at least two items or events that will affect a company's liquidity and solvency.
Direct Foreign Investment : What are the benefits and incentives for Direct Foreign Investment ( DFI ) ? Find some real-world examples and discuss.
Science and Pop Culture : If your news event is overtly related to popular culture, how does this event contribute to popular culture studies?

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd