Catchy Creations Ltd., an advertising company, operates in Manitoba and all employees live and work in Manitoba. Catchy is in the process of filing their final report to the Workers' Compensation Board for 2019. The year-end payroll information is as follows: Employee Jane Marketer Gross Earnings $95,000 109,000 125,000 37,500 27,000 Total Earnings Jimmy Slogan Brent Clever Mandy lingle Reese Singer Taxable benefits $3,500 4,000 5,000 n/a 500 WCB has advised Catchy that its rate for 2019 is $.33 per $100 to a maximum assessable amount per individual of $127,000. Catchy has made remittances to WCB this year totaling S968.50.
Catchy Creations Ltd., an advertising company, operates in Manitoba and all employees live and work in Manitoba. Catchy is in the process of filing their final report to the Workers' Compensation Board for 2019. The year-end payroll information is as follows: Employee Jane Marketer Gross Earnings $95,000 109,000 125,000 37,500 27,000 Total Earnings Jimmy Slogan Brent Clever Mandy lingle Reese Singer Taxable benefits $3,500 4,000 5,000 n/a 500 WCB has advised Catchy that its rate for 2019 is $.33 per $100 to a maximum assessable amount per individual of $127,000. Catchy has made remittances to WCB this year totaling S968.50.
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter9: Payroll Accounting: Employer Taxes And Reports
Section: Chapter Questions
Problem 4CE
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