A company has the following daily employees:NAMEWORKING PERIODWAGE/WEEK(YEARS)9Naufal900.000Irfan9,541.200.000800.000EryNda'500.000Aziz1,5600.000The company provides a year-end bonus of 2 times the employee's wages foremployees who have worked at least 1.5 years, besides that, it also provides vacationpolicies for its employees, namely:o 1- 3 years old;o 4-9 years old:o Over 9 years old;1 time wages2 times wages3 times wagesvacation paidvacation paidvacation paidRequested:a. Calculate bonuses and vacations for each employee.b. How much bonus and vacation must be charged each week by the company.c. Make a journal (there is a 10% tax borne by employees).

Bonus Payment Bonus payment which was allowed by the company in yearly basis which are provided…

o 4-9 years old: o Over 9 years old; vacation paid vacation paid 2 times wages 3 times wages Requested: a. Calculate bonuses and vacations for each employee. b. How much bonus and vacation must be charged each week by the company. c. Make a journal (there is a 10% tax borne by employees).

o 4-9 years old: o Over 9 years old; vacation paid vacation paid 2 times wages 3 times wages Requested: a. Calculate bonuses and vacations for each employee. b. How much bonus and vacation must be charged each week by the company. c. Make a journal (there is a 10% tax borne by employees).

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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