Complete Panda Bear salary in the salaries

Assignment Help Accounting Basics

Reference no: EM132663721

Question - Panda Bear earns a monthly basic salary of R30 150. During the month of March (13) 2020, Panda received a travel allowance of R1 500 and his Pay-As You Earn (PAYE) amounted to R8 442. He pays R3 800 per month to Snell Medical Aid for medical aid and 7.5% of his gross salary to Better Future pension fund for pension. The employer contributes R1.50 to the medical aid for every R1 contributed by Panda. He pays R50 per month for the movie club. His UIF remuneration is R14 872 and his SDL remuneration is R25 000.

Required - Complete Panda Bear's salary in the salaries journal of Koala Traders for March 2020. Round to two decimals.

Reference no: EM132663721

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