Question
1. The following are the payroll data for Golden River Parks Ltd. The regular work week is 40 hours and overtime is paid at a
1. The following are the payroll data for Golden River Parks Ltd. The regular work week is 40 hours and overtime is paid at a rate of 1 1/2 times the regular rate per hour.
| Employee | Payment type | Hours worked | Overtime hours | Rate per hour $ | Deduction |
| Omar Green | hourly | 40 | 4 | 700 | Union dues $500- JWU |
| Employees
| Payment type | Gross Pay | Deductions |
| Beverly Smith | Monthly
| $130,000 | Mortgage - $5,000 |
| Gordon Blackstock | Weekly | $60,000 | Insurance- Sagicor $1,500 |
Required:
i) Prepare the payroll register for each employee
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Principles Of Islamic Accounting
Authors: Nabil Baydoun, Maliah Sulaiman, Roger J. Willett, Shahul Ibrahim
1st Edition
1119023297, 9781119023296
