required to prepare their pay slips t 3033 TL
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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please answer this question i need the answers for my assignment please please I need a help don't reject this question please
![You are the accountant of ABC Limited. In the company, there are two tour guides. You are
required to prepare their pay slips for the period from 5th September 2022 to 10th
September 2022. Their time in and time out from the attendance register is as follows:
Staff Name: Monday Tuesday
Linda
Sanday
Time In
Time Out
Staff Name:
Jerry white
Time In
Time Out
Wednesday Thursday Friday
8.00am 8.30am
9.00am
5.00pm 6.00pm 7.00pm
Monday Tuesday
9.00am 7.30am
6.00pm 6.00pm
Wednesday
8.00am
6.00pm
8.00am
6.30pm
Thursday
8.00am
5.30pm
9.30am
7.30pm
Friday
8.30am
6.30pm
Saturday
8.00am
1.00pm
Saturday
8.00am
12.00pm
Note the following:
Staffs normal working hours during the weekdays (Monday to Friday) is 40 hours. Any hours
above that is contributed towards overtime and they are paid time and a half. If they work in the
weekends, then they are paid double time. They are also provided one hour lunch break for
which they are not paid.
Linda is paid $5.50 per hour while Jerry is paid $6.00 per hour. Both of them are entitle to
contribute 6% of their wages towards FNPF. Linda has joined a union and makes a compulsory
deduction of $10 from each pay whereas, Jerry has opted to contribute $20 towards a life
insurance policy of her choice. You can make assumptions where applicable.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F86009b23-8d95-4e60-b464-8ef203516b57%2F82cc84fa-a21f-4f07-8447-21ec30a1ee42%2Fvlwi3mk_processed.png&w=3840&q=75)
Transcribed Image Text:You are the accountant of ABC Limited. In the company, there are two tour guides. You are
required to prepare their pay slips for the period from 5th September 2022 to 10th
September 2022. Their time in and time out from the attendance register is as follows:
Staff Name: Monday Tuesday
Linda
Sanday
Time In
Time Out
Staff Name:
Jerry white
Time In
Time Out
Wednesday Thursday Friday
8.00am 8.30am
9.00am
5.00pm 6.00pm 7.00pm
Monday Tuesday
9.00am 7.30am
6.00pm 6.00pm
Wednesday
8.00am
6.00pm
8.00am
6.30pm
Thursday
8.00am
5.30pm
9.30am
7.30pm
Friday
8.30am
6.30pm
Saturday
8.00am
1.00pm
Saturday
8.00am
12.00pm
Note the following:
Staffs normal working hours during the weekdays (Monday to Friday) is 40 hours. Any hours
above that is contributed towards overtime and they are paid time and a half. If they work in the
weekends, then they are paid double time. They are also provided one hour lunch break for
which they are not paid.
Linda is paid $5.50 per hour while Jerry is paid $6.00 per hour. Both of them are entitle to
contribute 6% of their wages towards FNPF. Linda has joined a union and makes a compulsory
deduction of $10 from each pay whereas, Jerry has opted to contribute $20 towards a life
insurance policy of her choice. You can make assumptions where applicable.
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