In March 2021, gross salary amounts to NOK 350,000. The tax deduction amounts to NOK 150,000. The
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Question:
In March 2021, gross salary amounts to NOK 350,000. The tax deduction amounts to NOK 150,000.
The holiday pay rate is 12% and the employer rate is 14.1%. The salary is paid on the 12th.
in each month, and the payment is made from the company's bank account. The company has a bank account
for tax deductions.
a) Carry out the calculations that are necessary for you to post the wage cost.
b) What is the company's wage cost for March 2021
c) How much does the company's costs increase when the employer's contribution for March is paid on 15.05?
d) View the bookkeeping. Use appendix 2
Expert Answer:
ANSWERS a The companys wage cost for March 2021 is NOK 350000 b The companys wage cost for Mar... View the full answer
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