6. Allison will need to take 12 weeks off without pay for medical reasons. Which federal act protects her job if she works for a company that has 50 or more employees? OFamily and Medical Leave Act OMand sory Retirement Act OSarbanes-Oxley Act OVocational Rehabilitation Act

6. Allison will need to take 12 weeks off without pay for medical reasons. Which federal act protects her job if she works for a company that has 50 or more employees? OFamily and Medical Leave Act OMand sory Retirement Act OSarbanes-Oxley Act OVocational Rehabilitation Act

College Accounting (Book Only): A Career Approach

12th Edition

ISBN:9781305084087

Author:Cathy J. Scott

Publisher:Cathy J. Scott

Chapter7: Employee Earnings And Deductions

Section: Chapter Questions

Problem 1PB

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In EB13, you prepared the journal entries for Janet Evanovich, an employee of Marc Associates. You have now been given the following additional information: June is the first pay period for this employee. FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to the employee. FICA Social Security and FICA Medicare match employee deductions. The employer is responsible for 60% of the health insurance premium. The employer matches 50% of employee pension plan contributions. Using the information from EB13 and the additional information provided: A. Record the employer payroll for the month of June, dated June 30, 2017. B. Record the payment in cash of all employer liabilities only on July 1.
Employees that live in a state where the minimum wage is $7.40, their employer will pay them $fill in the blank f74d610d8fe6025_13 per hour.
Adams, Baloyi and Clayton are employees of Windhoek Central Hospital (WCH) who have a 40-hour workweek. WCH has provided you with the following information for the week in respect of the three employees: Name Hours worked Normal rate Adams 46 N$40 Baloyi 44 N$60 Clayton 43 N$80 The following information is available in respect of deductions from their gross remuneration: Income tax 20%; Pension 7.5% and the WCH contributes 7.5% to pension Overtime is remunerated as: A time-and-a-half of the normal rate and twice the basic rate on Sundays and public holidays. Determine the NET pay for Baloyi
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On January 1, 2019, Vasby software company adapted a healthcare plan for its retired employees. To determine eligibility for benefits, Westby retroactively gives credit to the date of hire for each employee. The service cost for 2019 is $8420. The plan is not funded, and the discount rate is 8%. All employees were hired at age 28 and became eligible for full benefits at age 58. Employees he was paid $7390 for post retirement healthcare benefits in 2019. On December 31, 2019, the accumulated post retirement benefit obligation for employees B and see were $76,320 and $41,020 respectively. Additional information on January 1, 2019 is as follows: employee A- age 31- expected retirement age 65- accumulated post retirement benefit obligation $9,000. employee B- age 55- expected retirement age 65- accumulated post retirement benefit obligation $78,600. employee C- age 67- expected retirement age --- accumulated post retirement benefit obligation $45,900. total accumulated post retirement…