K Blake is employed at the rate of 6 per hour. During the week to 25 May
Question:
K Blake is employed at the rate of £6 per hour. During the week to 25 May 20X6 he works 35 hours. According to the tax and National Insurance tables he should pay income tax £28 and National Insurance £18. Calculate his net wages.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 28% (7 reviews)
To calculate K Blakes net wages well need to subtract the income t...View the full answer
Answered By
Owino Otieno
My proficiency as a tutor lies in my ability to understand and respond to questions, provide explanations, and offer detailed information on various topics. I can help with academic subjects such as mathematics, science, history, literature, and more. I can also provide assistance with writing, proofreading, and language learning.
I am capable of adapting to different learning styles and can present information in a clear and concise manner. I can break down complex concepts into simpler terms, provide examples and illustrations, and engage in interactive discussions to enhance the learning experience. Additionally, I can offer guidance on problem-solving strategies, critical thinking, and exam preparation.
0.00
0 Reviews
10+ Question Solved
Related Book For
Frank Woods Business Accounting Volume 1
ISBN: 9780273681496
10th Edition
Authors: Frank Wood, Alan Sangster
Question Posted:
Students also viewed these Business questions
-
Planning is one of the most important management functions in any business. A front office managers first step in planning should involve determine the departments goals. Planning also includes...
-
The first payroll in October covered the two workweeks that ended on September 26 and October 3. This payroll transaction has been entered for you in the payroll register, the employees' earnings...
-
The following information is available for the employees of Bryan Packing Company for the first week of January 2013: 1. Cindy earns $26 per hour and 1 times her regular rate for hours over 40 per...
-
The separation of operational responsibility from record keeping is meant to prevent different types of misstatements than the separation of the custody of assets from accounting. Explain the...
-
Lewelling Company issued 100,000 shares of its $1 par common stock to the Michael Morgan law firm as compensation for 4,000 hours of legal services performed. Morgan's usual rate is $240 per hour. By...
-
How would you define assets? Liabilities? Owners equity?
-
E 19-4 Multiple choice 1. Which of the following is not a governmental fund? a Special revenue fund b Debt service fund c Trust fund d General fund
-
Suppose that real GDP is currently $17.1 trillion, potential GDP is $17.4 trillion, the government purchases multiplier is 2, and the tax multiplier is 1.6. a. Holding other factors constant, by how...
-
Fill out Table: 10-14. For each of the transactions below, record whether it would result in an increase or decrease in assets, liabilities, and/or net assets. An organization 1. carns revenue by...
-
R Kennedy is a security van driver. He has a wage of 200 per week, plus danger money of 2 per hour extra spent in transporting gold bullion. During the week ended 15 June 20X6 he spends 20 hours...
-
T Penketh is an accountant with a salary of 2,000 per month plus bonus, which for May 20X6 was 400. He pays superannuation contributions of 5% of gross pay, and these are allowed as reliefs against...
-
What is the purpose of financial management? Describe the major categories of the Balance Sheet. Why must it balance? How does it differ from the Statement of Income? Summarize the categories under...
-
Part 2 Problems 1. Jets Corp. maintains its books on a cash basis. However, the company obtained a loan of $150,000 from a local bank. The bank requires Jets Corp. to provide annual financial...
-
Company A has a well-developed brand website. They send e-mails to customers and prospects. However, the company has never used social media or mobility marketing. You have been called upon to...
-
Is Time Running Out for Bed Bath & Beyond case study and answer following questions: 3-13 analyze bed bath & beyond using the competitive forces and value chain models. 3-14 define the problem faced...
-
Marcus expresses an interest in learning more about Katie's job position, telling her that he hopes to be in the position himself one day. Katie decides to take Marcus under her wing and teach him...
-
Losing to a Weaker Foe What began as a heavily conventional military campaign to unseat the regime of Saddam Hussein had become a bitter, unconventional struggle against frustrated Sunnis who...
-
The net income of Antiques Plus decreased sharply during 2014. Mariah Ciccone, owner of the store, anticipates the need for a bank loan in 2015. Late in 2014, she instructs the accountant to record a...
-
If (x) 0 on the interval [a, b], the definite integral gives the exact area under the curve between x = a and x = b.
-
Rowlock Ltd was incorporated on 1 October 2015 to acquire Rowlocks mail order business, with effect from 1 June 2015. The purchase consideration was agreed at 35,000 to be satisfied by the issue on 1...
-
The following figures appeared in W Ltds statement of financial position at 31 March 2017: During the year ended 31 March 2018, W Ltd made a payment of 520,000 to Revenue and Customs in settlement of...
-
An extract from the draft financial statements of Either Ltd at 30 November 2018 shows the following figures before allowing for any dividend which might be proposed: Additional information: (i) The...
-
Physical Units Method, Relative Sales Value Method Farleigh Petroleum, Inc., is a small company that acquires high - grade crude oil from low - volume production wells owned by individuals and small...
-
A proposed $2.5 M investment in new equipment at a 100 MG/y M&Ms factory will save the plant $800,000/y in energy costs. Assuming an annual interest rate of 5%/y (compounded annually), and an...
-
Brief Exercise 10-7 Coronado Company obtained land by issuing 2,250 shares of its $14 par value common stock. The land was recently appraised at $103,240. The common stock is actively traded at $44...
Study smarter with the SolutionInn App