Compute the net pay for each employee and answer the additional requirements that follow: Employee Ericka...

•  

Transcribed Image Text:

Compute the net pay for each employee and answer the additional requirements that follow: Employee Ericka Bilango Alani Ching Audrey Tan Basic Pay 40,300.00 37,600.00 35,500.00 SSS 581.30 581.30 581.30 Philhealth Deductions P550.00 517.00 488.13 Pag-IBIG P100.00 100.00 100.00 Withholding Tax P 3,933.84 3,267.09 2,749.31 1. How much is the total Salaries Expense? 2. How much is the total payroll deductions? 3. How much is the total credit to Cash upon payment of salaries? Is this the same as the take-home pay? Compute the net pay for each employee and answer the additional requirements that follow: Employee Ericka Bilango Alani Ching Audrey Tan Basic Pay 40,300.00 37,600.00 35,500.00 SSS 581.30 581.30 581.30 Philhealth Deductions P550.00 517.00 488.13 Pag-IBIG P100.00 100.00 100.00 Withholding Tax P 3,933.84 3,267.09 2,749.31 1. How much is the total Salaries Expense? 2. How much is the total payroll deductions? 3. How much is the total credit to Cash upon payment of salaries? Is this the same as the take-home pay?

Answer rating: 100% (QA)

Here are the computations Ericka Bilango Basic Pay P40300 Deductions SSS P5813... View the full answer