Complete the payroll for the month in the table below. The East Indies Corporation has four...
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Complete the payroll for the month in the table below. The East Indies Corporation has four employees. The following is the payroll spreadsheet. Sue INCOME Basic Pay Overtime Travelling Uniform Protective Clothing Material Aid & Supplies Commission Entertainment Allowance GROSS PAY Total Taxable Pay DEDUCTIONS NIS NHT EDUCATION TAX INCOME TAX Pension Union Dues Health Insurance Loan Repayment Total Deductions NET PAY Rob 85,000 22,000 0 10,000 15,500 3,000 0 0 135,500 8,500 3,000 2,100 0 140,000 0 15,000 10,000 0 6,000 0 0 171,000 14,000 3,000 2,100 0 Tom 240,000 15,000 10,000 0 30,000 0 Pat 24,000 3,000 2,100 0 400,000 0 50,000 20,000 0 0 0 50,000 295,000 520,000 40,000 3000 2,500 50,000 Complete the payroll for the month in the table below. The East Indies Corporation has four employees. The following is the payroll spreadsheet. Sue INCOME Basic Pay Overtime Travelling Uniform Protective Clothing Material Aid & Supplies Commission Entertainment Allowance GROSS PAY Total Taxable Pay DEDUCTIONS NIS NHT EDUCATION TAX INCOME TAX Pension Union Dues Health Insurance Loan Repayment Total Deductions NET PAY Rob 85,000 22,000 0 10,000 15,500 3,000 0 0 135,500 8,500 3,000 2,100 0 140,000 0 15,000 10,000 0 6,000 0 0 171,000 14,000 3,000 2,100 0 Tom 240,000 15,000 10,000 0 30,000 0 Pat 24,000 3,000 2,100 0 400,000 0 50,000 20,000 0 0 0 50,000 295,000 520,000 40,000 3000 2,500 50,000
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Related Book For
College Accounting A Contemporary Approach
ISBN: 978-0077639730
3rd edition
Authors: David Haddock, John Price, Michael Farina
Posted Date:
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