ACCO 340 Lecture Notes - Lecture 10: Canada Pension Plan, Term Life Insurance, Business Travel
5 Jun 2016
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Salary all in commissions net of payroll deductions Car operating cost allowance paid was based on 36 per km plus per day of travelling for business travel only- for the year, 6,250 business km were driven for 150 days Group term life insurance (coverage is ,000) 600. Purchased 5,000 common shares under a stock option plan at a price of per share. Fair market value of shares at the date of purchase was . Fair market value of the shares was per share on the date when the option was granted The following information for 2015 has been presented to you by susie, the new salesperson for peter productions. 1, 2015 (1) susie"s actual travelling and car expenses, which she is required to pay according to the terms of her employment contract and vouched by a t2200 form, are as follows: Other travel costs (other than car see below) all reimbursed by the company.
