Compute net pay for karols september twenty seve paycheck

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Problem

You are the payroll accountant for Multi Winds Energy of Cornelius, North Carolina, whose employees are paid biweekly. An employee, Karol, comes to you on September 13 and requests a pay advance of $1,000, which will be paid back in equal parts on the September 27 and October 25 paychecks. Karol is single, has no dependents, is paid $52,500 per year, contributes 5 percent of gross pay to a 401(k) plan, and has $250 per paycheck deducted for a court-ordered garnishment. Get the instant assignment help. Assume that no pre-tax deductions exist for the employee and box 2 is not checked. Compute the net pay for Karol's September 27 paycheck.

Reference no: EM133906182

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