Develop the different steps to follow to prepare the payroll

Assignment Help Accounting Basics
Reference no: EM132700802

Problem 1: Develop the different steps to follow to prepare the payroll of each of them and the financial nature of each of the ítems involved:

a. Administrative Assistant. Three-month seniority. He has an indefinite work contract, base salary: € 1,500. Collective bargaining: € 50.

He has two extraordinary six-month accrual pays and receives the mon 06/30 and 12/31 of each year for an amount equal to the base salary. He has a disability of 37% and is single without children. He has made two overtime hours that month at a rate of € 15/h.

b. Visual designer. 2-month seniority. He has a temporary contract.

Base salary: € 1,950. Collective bargaining: € 100. Productivity: € 6 / day. It has two extraordinary six-month accrual payments and receives them apportioned each month. He is married and has a 9-year-old son (his spouse receives income of over € 1,500/year).

Once you have developed all the steps to follow in each case and the amount of the items, make the offcial payroll of the administrative assistant.

Reference no: EM132700802

Questions Cloud

How might customer relationships be sources of value : How might customer relationships be sources of value? What metrics might be particularly important in assessing your organization's customer capital
Calculate the issue price of the bonds for swifty ltd : Calculate the issue price of the bonds. Swifty Ltd. issued a series of bonds in order to raise money for some upcoming projects.
What are three economic forces : What are three economic forces which can lead to market efficiency?
How does a performance management system connect : How does a performance management system connect with training and development and compensation strategies? What improvements do you recommend.
Develop the different steps to follow to prepare the payroll : Develop the different steps to follow to prepare the payroll of each of them and the financial nature of each of the ítems. Administrative Assistant.
Differences between capm and international capm : Explain the main similarities and differences between the CAPM and the International CAPM (ICAPM).
What is meant by the term anomaly : With regard to market efficiency, what is meant by the term "anomaly"?
What are proper journal entries for government accounting : What are the proper journal entries for government accounting? Collected business income for Communications Network Fees of P40,000
What would the expected profit on the special order be : Huang, Using the high-low method to budget costs of the special order, what would the expected profit on the special order be (use a negative sign for a loss)?

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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