Your organisation paid $240,500 in net wages to its employees during the year. Employees tax and social

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Your organisation paid $240,500 in net wages to its employees during the year. Employees’ tax and social security tax amounted to $64,000 and employer’s social security tax was $22,000. Employees had contributed $12,500 to a pension scheme. The amount to be charged against profits for the year, in respect of wages, is: $………

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