Calculate gross earnings and calculate deduction amount

Assignment Help Financial Accounting
Reference no: EM13310398

TAB "EMPLOYEES"

1. Clean up the Employee Name in tab "EMPLOYEES" to be incompliance with the format "Doe,John"

2. Break the Employee Name into First Name (John) and Last Name (Doe)

3. Create employee email address with format: [email protected]

4. Highlight employees having hour rate more than $60

TAB "PAYROLL"

5. Calculate Gross Earnings (Gross = hourly rate x [regular hour + Vacation + Sick Leave])

6. Calculate Deduction amount (Deduction amount = HCSP + Retirement + 401(k) + Health Insurance + Dental Insurance + Parking). Remember that employees might not have all of those deduction type.

7. Calculate Withholding amount. (Withholding amount = State WH + Federal WH + Social Security Tax + Medicare tax)


Attachment:- Excel.xlsx

Reference no: EM13310398

Questions Cloud

Compute the kinetic energy of the alpha particle : The isotope 226 Ra Alpha decays. its measured atomic mass is 226.02541 amu, the daughter nucleus has a mass of 222.01758 amu and helium has atomic mass 4.0026 amu. calculate the kinetic energy of the alpha particle
Determine the required mass of c and the length of the cable : if D has a mass of 600 kg, determine the required mass of C, the maximum sag h of the cable, and the length of the cable between the pulleys A and B. The Beam has a mass per unit length of 50 kg/m.
Brief description of the project objectives : Development of new software to address green computing for internal use and potential sale to other organizations.
Determine the fossil age : An archaeologist uses carbon dating to find the age of some ancient fossils. Determine the fossil age
Calculate gross earnings and calculate deduction amount : Calculate Gross Earnings and calculate Deduction amount and calculate Withholding amount
What is the maximum external pull in each of the 4 gears : If a tractor with 23-hp, a max speed of 3.6 mph in 1st gear and an effieiciency of 92% is operated operated down a 4% slope and the rolling resistance is 80 lb/ton, what is the maximum external pull in each of the 4 gears.
Professionalism and ethics in accounting : Professionalism and ethics in accounting and the history of accounting.
What is the total energy of the atom : If we imagine an electron as orbiting the proton, with the orbit of radius 5 x 10 ^-11 m, what is the total energy of the atom
Find out the ph of an hf solution : Determine the pH of an HF solution of each of the following concentrations: a) 4.60 x 10^-2 b) 2.30 x 10^-2

Reviews

Write a Review

Financial Accounting Questions & Answers

  Financial statement analysis and preparation

Financial Statement Analysis and Preparation

  Shareholder of a company

Describe the ways that a person can become a shareholder of a company. Why Wal-Mart would split its stock?

  Financial and accounting principles

An understanding of financial and accounting principles can be a valuable tool for managers. While not all managers will find themselves calculating financial ratios or preparing annual financial data.

  Prepare a statement of cash flow using the direct method

Prepare a Statement of Cash Flow using the Direct Method and Prepare the Operations section of the Statement of Cash Flow using the Indirect Method.

  Financial accounting assignment

This assignment has one case study and two question apart from case study. Questions related to document Liquidation question and Company financial statements question - Torquay Limited

  Prepare general journal entries for goela

Prepare general journal entries for Goela Ltd

  Principles of financial accounting

Prepare the journal entry to record the acquisition of the assets.

  Prepare general journal entries to record the transactions

Prepare general journal entries to record the transactions, assuming use of the periodic inventory system

  Global reporting initiative

Compare the view espoused by the economist Milton Friedman about the social responsibilities of business with the views express by Stigler.

  Explain the iasb conceptual frameworks

Explain the IASB Conceptual Framework's perspective of users and their decisions.

  Determine the company''s financial statements

T he focus of the report is to determine the extent to which you are comfortable relying on the financial statements as presented by management .

  Computation of free cash flow

Computation of Free Cash Flow

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd