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Samsam, single status and without dependent, is the Manager in Walter Mart Company. He is earning PhP45,000.00 per month. The following are his contributions being an employee of the company: SSS Contribution: Php 581.30; Philhealth Contributio

Samsam, single status and without dependent, is the Manager in Walter Mart Company. He is earning PhP45,000.00 per month. The following are his contributions being an employee of the company: SSS Contribution: Php 581.30; Philhealth Contributio

FINANCIAL ACCOUNTING
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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Samsam, single status and without dependent, is the Manager in Walter Mart Company. He is earning PhP45,000.00 per month.
The following are his contributions being an employee of the company: SSS Contribution: Php 581.30; Philhealth Contribution: Php 437.50; Pag-Ibig Contribution: Php 100.00; Cooperative Contribution PhP 1,500.00. He was charged PhP 347.50 of his tardiness.

1. Find the Net Pay of Samsam.

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calculate samsam salary after deductions

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