Your company just hired a Junior Financial analyst with a net salary of 18,000 Dh / month. The company agreed to offer a retirement scheme for the employee, where both the employer and employee contribute 6% of the gross salary to CIMR (Retirement scheme). Prepare a payslip indicating: 1. Gross Salary 2. CNSS (Social Security): both employee and employer shares 3. AMO (Mandatory insurance): both employee and employer shares 4. CIMR (Retirement scheme): both employee and employer shares 5. What is the total cost incurred by the company?

Principles of Accounting Volume 1
19th Edition
ISBN:9781947172685
Author:OpenStax
Publisher:OpenStax
Chapter12: Current Liabilities
Section: Chapter Questions
Problem 13EB: Marc Associates employs Janet Evanovich at its law firm. Her gross income for June is $7,500....
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Your company just hired a Junior Financial analyst with a net salary of 18,000 Dh / month. The company agreed to offer a retirement scheme for the employee, where both the employer and employee contribute 6% of the gross salary to CIMR (Retirement scheme). Prepare a payslip indicating: 1. Gross Salary 2. CNSS (Social Security): both employee and employer shares 3. AMO (Mandatory insurance): both employee and employer shares 4. CIMR (Retirement scheme): both employee and employer shares 5. What is the total cost incurred by the company?
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