Although the company has already established medical and retirement plan benefits, Toni Prevosti wants to consider other benefits to attract employees. As the company’s accountant, you have been tasked with annotating employee records with the benefit elections for each employee. The following sheet contains details of employee choices. Benefit-related payroll deductions will take effect on the

first pay period in March.





Annotate the Employee Earning Records with payroll-related benefit elections. The amount per pay period should be included in the record. As an example, if the employee elected to contribute $1,300 to his or her FSA, the period payroll deduction would be $1,300/26, or $50.
















Business

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Answer the following statement true (T) or false (F)

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