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Accounting Assignment | Custom Assignment Help

You have just started with Foil Magic, and you received a call today from Human Resources Canada inquiring about a separation slip for a former employee. You are required to check and see if this has been done, and if not you will prepare one and have it in the mail today.

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After going though the files you discover that a separation slip hasn’t been issued. Below follows the information you have gathered.

  • Company Name:
  • Foil Magic
  • 123 Wand Street
  • Kingston, Ontario
  • K7M 9C4
  • (613)544-9888
  • Pay Period: Bi-Weekly​Business Number  10622 2568 RP0001
  • Employee:
  • James Payne
  • D.O.B. April 16, 1972
  • SIN: 453 652 258
  • Date Hired Feb 9, 20XX
  • Last day worked May 13, 20XX​Position: Maintenance

Earnings

  • Week ending Feb 20 ​hours​28​gross wages​$336.00
  • Week ending Mar 5​hours ​32​gross wages​$384.00
  • Week ending Mar 19​hours ​25​gross wages​$300.00
  • Week ending April 2​hours ​33​gross wages​$396.00
  • Week ending April 16​hours ​22​gross wages​$264.00
  • Week ending April 30​hours​40​gross wages​$480.00
  • Week ending May 14​hours ​17​gross wages​$204.00
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REQUIRED

a) Calculate any vacation pay that may be owing to Mr. James Payne. (No vacation pay has been paid to him at anytime during his employment)

b) Prepare a separation slip for Mr. James Payne, assume that all stat holiday payments have been made correctly.

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