How annual leave accumulation calculation works

Assignment Help Accounting Basics
Reference no: EM133197955

Sally, a full-time office employee who works 38 hours per week, is paid on hourly basis and has an entitlement to 4 weeks annual leave as specified under the National Employment Standards. Sally wants to know how her accumulated annual leave, shown on the payslip, has been calculated. Specifically, she wants to know:

- how annual leave accumulation calculation works

- how the number of annual leave hours on her pay slip has been calculated

Reference no: EM133197955

Questions Cloud

How would you overcome challenges : If you were to design a new system for your organization, where would you start? What information would you need? What would be your biggest challenges?
How much money did she initially invest in the fund : Jordan invested the profit of her business in an investment fund that was earning 2.25% compounded monthly. She began withdrawing $3,500 from this fund every 6
What are the audiences wants needs and desires : Provide extensive background information on the company and the product or service being promoted. What are the audience's wants, needs and desires.
Primary authorities for tax : Remember with all financial accounting research, there is a down stream tax implication. Our primary authorities for tax are the Internal Revenue Code, Tax Regu
How annual leave accumulation calculation works : Sally, a full-time office employee who works 38 hours per week, is paid on hourly basis and has an entitlement to 4 weeks annual leave as specified under the Na
Apply the rules of jurisdiction to the facts : BUS 206 Southern New Hampshire University - Apply appropriate elements of the U.S. legal system and the U.S. Constitution to business scenarios for impacting
How different generation enticed to buy products or services : How are all the different generations enticed to buy products or services? Is it the same as it was in 2020?
Task - Paper on Business Process Redesign : Task - Paper on Business Process Redesign - If you have you been involved with a company doing a redesign of business processes
Efficient molecule from which cell gains energy : What is the most efficient molecule from which a cell gains energy? How do human behaviors affect the process of photosynthesis on our planet earth?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Information about risk aversion

Risk aversion implies which some securities will go unpurchased in market even if a large risk premium is paid to investors.

  What is his income tax liability

Steve is in the 35% tax bracket. What is his income tax liability with respect to the corporate distribution if: redemption does not qualify for sale

  What are the three types of auditor services

What are the three types of auditor services described in the Government Accountability Office's Government Auditing Standards, and how do they differ?

  Request to a hotel desk for room reservation

Assuming that a guest sends a request to a hotel desk for room reservation, draw a context diagram. Also consider the restaurant and hotel management in the diagram.

  Determine the present value of the note

The present value of 1 (single sum) at 8%; for 5 years is .6806. Each annual payment equals $75,000. Determine the present value of the note

  What is the nature of the insider trading case against him

What is the nature of the insider trading case against him? How compelling is the case? Why do you think he has not accepted his guilt

  Determine the appropriate amounts

Schrade Company bought a machine for $71,000 cash. Determine the appropriate amounts to complete the following schedule

  How is she taxed on the distribution

On June 30, Sparrow distributes $20,000 to its sole shareholder, Libby. If Libby's stock has a basis of $4,000, how is she taxed on the distribution

  Determine number board feet of lumber that company buy

Towson keeps lumber on hand at 45% of the next month's production needs. Use this information to determine number board feet of lumber that Towson Company buy

  What is the present value of this stipend

You have an automatic stipend set up with your bank, where you will receive $550 semi-annually. What is the present value of this stipend

  Which database model is used most frequently

Which database model is used most frequently in the modern business world? Why do you believe it is frequently used?

  Show how the transactions will affect accounting equation

Show how the transactions will affect the accounting equation and enter how the accounts in the general ledger will be affected.

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