Use the information in Question 13.7 and record the: 1. Weekly wages for work done for four

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Use the information in Question 13.7 and record the:

1. Weekly wages for work done for four weeks, on same basis.

2. Monthly wages.

3. Employer’s contribution.

4. Monthly payments.


Data from Question 13.7.

A. Butcher opened a butchery and employs five people on these terms:

• UIF contributions are calculated at 1% per employer and employee.

• Union fees are R50 per month for all employees.

• Only Mr Tando belongs to the medical aid fund. Mr Tando is unmarried. His contribution is R550 per month. A. Butcher contributes the same amount.

• Tax payable before MTC:

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Related Book For  book-img-for-question

Fundamental Accounting

ISBN: 9781485112112

7th Edition

Authors: David Flynn, Carolina Koornhof, Ronald Arendse, Anna C. E. Coetzee, Edwardo Muriro, Louise Christel Posthumus, Louise Mancy Smit

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