Design a salary slip for the month of December 2021 with information given below. Fixed vs variable ratio- 70:30Ctc - 24LBasic- 50%Hra- 22%Da - 12%Travel allowance- 2000Insurance - 9800Employee has completed 75% of the target Pf 12%leaves - 4 ( 2 permitted) Reimbursement - 2500
Design a salary slip for the month of December 2021 with information given below. Fixed vs variable ratio- 70:30Ctc - 24LBasic- 50%Hra- 22%Da - 12%Travel allowance- 2000Insurance - 9800Employee has completed 75% of the target Pf 12%leaves - 4 ( 2 permitted) Reimbursement - 2500
College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter9: Payroll Accounting: Employer Taxes And Reports
Section: Chapter Questions
Problem 4CE
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Design a salary slip for the month of December 2021 with information given below.
Fixed vs variable ratio- 70:30
Ctc - 24L
Basic- 50%
Hra- 22%
Da - 12%
Travel allowance- 2000
Insurance - 9800
Employee has completed 75% of the target
Pf 12%
leaves - 4 ( 2 permitted)
Reimbursement - 2500
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