Payrol, Financial Accounting

Assignment Help:
a private owned business, pay salary to its employees according to the Ethiopian calendar month to the addis ababa city administration tax authority . Basic salary 3936 ,Normar working hours/month, overtime hours worked late hour 10hr. during public holiday 10hr, rest day 12, transport all. 750 and house allowance 500. the Additional info. employee contribute 5% of basic salary in the form of provident fund for each month and the institution also contribute 7%.
Determine the following of each employee
overtime payment calculation, Gross employment income, Taxable employment income, Employment income tax by using progression and deduction method and net pay show all the necessary step

Related Discussions:- Payrol

Journalize, wrote check to purchase law books for 2500 what 2 accounts

wrote check to purchase law books for 2500 what 2 accounts

What amount did spear receive from the bond issuance?, On July 1, 2010, Spe...

On July 1, 2010, Spear Co. issued 1,000 of its 10%, $1,000 bonds at 99 plus accrued interest. The bonds are dated April 1, 2010 and mature on April 1, 2020. Interest is payable sem

The federal government, The Federal Government The Federal Government...

The Federal Government The Federal Government is the single largest influence on the U.S. economy. There are two main areas in which the government can impact the economy: fi

Abbreviated cash budget, I need to know how to do a problem and whether I ...

I need to know how to do a problem and whether I am missing information.

Cashflows from financing activities-group accounts, Cashflows from financin...

Cashflows from financing activities Financing activities are those activities that will lead to either an increase or decrease in shareholders funds and long-term liabilities.

Ledger, “Ledger is said to be the principal book entry and the transactions...

“Ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account.” Elaborate and explain why journal is necessary.

Linear Programming Problem using Simple method, Maximize Z= 3x1 + 2X2 Subje...

Maximize Z= 3x1 + 2X2 Subject to the constraints: X1+ X2 = 4 X1 - X2 = 2 X1, X2 = 0

Uncertainty-failure legacies and gift residue-executorship, Uncertainty ...

Uncertainty A gift or disposition not expressive of any definite intention shall be void for uncertainty, i.e A gift under a will fails where there is uncertainty as to:

Financial accounts, The following items are found in the trial balance of M...

The following items are found in the trial balance of M/s Sharada Enterprise on 31st December, 2000. 10 marks Summer 2013 Sundry Debtors Rs.160000 Bad Debts written off Rs 9000 Dis

Write Your Message!

Captcha
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