I want answer Kenny and Olivia are shop assistants. Kennyreceives a weekly wage of $350 plus a commissionof $0.12 in the pound on goods sold. During oneweek, Kenny sold goods worth $2,100. Thefollowing are deductions from hisgross earnings:. Pension contribution of 6.5% of gross earnings. Income tax of $75Calculate Kenny's net earnings for the week.

Explanation of Gross Earnings: Gross earnings represent the total compensation earned by an employee…

Answered: Kenny and Olivia are shop assistants.…

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter7: Employee Earnings And Deductions

Section: Chapter Questions

Problem 1PB

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