Julie turned 70 on February 15, 2021 She receives $1,144 23 per year ($59,500 per year) What will you enter in her T4 for box 16, Employees CPP contributions 2) Jen is paid $80,000 per annum Jen is paid every other week What should Jens take home pay per pay period if she contributes $50 to charity...

13500 Explanation What is the employees CPP contributions for the year The employees CPP contributio ...

Julie turned 70 on February 15, 2021. She receives $1,144.23 per year ($59,500 per year). What will

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Julie turned 70 on February 15, 2021. She receives $1,144.23 per year ($59,500 per year). What will you enter in her T4 for box 16, Employee’s CPP contributions?

Annually (1) Semi-annually (2) Quarterly (4) Monthly (12) Semi-monthly (24) Bi-weekly (26) Bi-weekly (27) Weekly (52) Weekly

2) Jen is paid $80,000 per annum. Jen is paid every other week. What should Jen’s take-home pay per pay period if she contributes $50 to charity, assuming income taxes are at 7.65% and other mandatory deductions are at $300?

3. Create a payroll remittance journal for Jen for December 2022 showing the total remittance to be made to CRA.

4. Ron’s company’s withholdings per month are $80,000. As a payroll admin, you must advise Ron about when to remit the monthly withholdings to CRA. Please, assist Ron by preparing a remitting schedule and remittance due to the date scheduled for January 2021.