You are completing the monthly Activity Statement for RN Holdings Pty Ltd and have obtained the...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
You are completing the monthly Activity Statement for RN Holdings Pty Ltd and have obtained the following figures from the monthly Payroll report. Gross wages $4,523 PAYG Withholding $1,410 Net wages $3,103 Super $430 What amount will you record at W1 on the Activity Statement? Using the following information, calculate the amount to be recorded at W1 in the PAYG tax withheld section of the IAS (do not use decimal places). Salaries and wages Payments under voluntary arrangements Amounts withheld from payments Amounts withheld from payments where no ABN is quoted Other amounts withheld 52000 8000 11000 1800 2000 You are completing the monthly Activity Statement for RN Holdings Pty Ltd and have obtained the following figures from the monthly Payroll report. Gross wages $4,523 PAYG Withholding $1,410 Net wages $3,103 Super $430 What amount will you record at W1 on the Activity Statement? Using the following information, calculate the amount to be recorded at W1 in the PAYG tax withheld section of the IAS (do not use decimal places). Salaries and wages Payments under voluntary arrangements Amounts withheld from payments Amounts withheld from payments where no ABN is quoted Other amounts withheld 52000 8000 11000 1800 2000
Expert Answer:
Answer rating: 100% (QA)
It appears the question pertains to calculating the total amount for W1 on the Activity Statement fo... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these accounting questions
-
The first payroll in October covered the two workweeks that ended on September 26 and October 3. This payroll transaction has been entered for you in the payroll register, the employees' earnings...
-
Start of Payroll Project 7-3a October 9, 20-- No. 1 The first payroll in October covered the two workweeks that ended on September 26 and October 3. This payroll transaction has been entered for you...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Evaluate the integral (4e* + 2 In (2))dx.
-
Use the Comparison Theorem to determine whether the integral is convergent or divergent. 2 + e* 50. 49. * cos'r 1+x? dx dx dr 52. 1+* 51. * dx 53. (_ dx x sin x 54. 54. J. JX = dx Jo
-
As a practical application of Fig P1.14, often termed a sharp-crested weir, civil engineers use the following formula for flow rate: Q 3.3 BH3/2, with Q in ft3/s and B and H in feet. Is this formula...
-
Explain how the notions of effectiveness, efficiency and equity are related to decision-making, sustainable development and accountability.
-
Buchan's Junction Manufacturing Corporation uses a joint production process that produces three products at the split-off point. Joint production costs during March were $720,000. The company uses...
-
Manitoba Exporters Inc. (MEI) sells Inuit carvings to countries throughout the world. On December 1, Year 5, MEI sold 10,000 carvings to a wholesaler in a foreign country at a selling price of...
-
Will your flight get you to your destination on time? The U.S. Bureau of Transportation Statistics reported the percentage of flights that were delayed each month from 1994 through October of 2013....
-
A bond has a par value of $1,000, a coupon rate of 5.37 percent (paid annually), and that matures in 15 years. Assume the market interest rate on this bond is 12.59 percent and it increases 59 basic...
-
at a supermarket the price of yellow onions dropped from 0 . 5 8 per pound to 0 . 4 4 per pound. What is the percent decrease in the price of onions?
-
Froya Fabrikker A / S of Bergen, Norway, is a small company that manufactures specialty heavy equipment for use in North Sea oil fields. The company uses a job - order costing system that applies...
-
Shelby puts ???? dollars into an investment with an interest rate of 3 percent per year and ???? dollars into an nvestment with an interest rate of 8 percent per year. She invests a total of $ 6 7 0...
-
Marketing team for Unilever Objective: To develop a product marketing plan for the introduction of your new product to be sold in the Canadian marketplace. . New Product: Canola Oil Make a report on...
-
Consider the vectors a = -4i- j and b = -i+j. Find: 1. a+b= -5i 2. a 2b = -6i+-2j 3. 4b-3a= 8i+7j If you don't M M
-
Intelligent Tinkerers Technologies, Inc. is a diversified international conglomerate. Two of its headquarters' departments overseeing overseas operations have very similar photocopying needs and are...
-
[a] Two foam blocks, each with a charge of 19 micro coulombs (1 C = 10-6 C), are both held in place 19 cm apart in the east-west direction. A foam ball with a charge 49 C is placed 55 cm north of the...
-
Ken paid the following amounts for interest during 2012: Qualified interest on home mortgage...........................................$4,700 Auto loan...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-6. On December 12, Irene purchased the building where her store is located. She paid...
-
Ken (age 31) and Amy (age 28) Booth have brought you the following information regarding their income, expenses, and withholding for the year. They are unsure which of these items must be used to...
-
Describe the operation and characteristics of a difference amplifier.
-
What is the input resistance of an ideal current-to-voltage converter?
-
Describe the operation and characteristics of an op-amp circuit using a capacitor as a feedback element.
Study smarter with the SolutionInn App