Sandra works in British Columbia and is paid on a semi-monthly basis. She has a claim code of 1…

1. Sandra works in British Columbia and is paid on a semi-monthly basis. She has a claim code of 1 on both her TD1 and TD1BC. She has the following types of earnings, benefits & deductions. She will not max out on CPP or EI this pay and will have full deductions. Please use 2021 rates for your calculations and show not only the deduction value but also the pensionable, insurable and taxable amounts on which they were based.

1. Regular $3200
2. Holiday Pay $250
3. Group Life – Employer paid Taxable benefit $15
4. RRSP contribution – Employee deduction $200

Her employer matches her EI at a non-reduced rate (1.4) and additionally pays employer health tax at a rate of 1.95%. The pay ending is July 31^st and all amounts will be paid to third parties for the month. The monthly amounts will be exactly double for month end reporting purposes (journal entry 4789).

Calculate gross to net, employer premiums and record all applicable accounting entries in the tables below: