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1.2 REQUIRED Calculate the net salary of H. Gordon for December. (4 marks) INFORMATION H. Gordon's basic annual salary is R240 000. He receives
1.2 REQUIRED Calculate the net salary of H. Gordon for December. (4 marks) INFORMATION H. Gordon's basic annual salary is R240 000. He receives an annual bonus of 80% of his basic monthly salary, payable in December each year. His pension deduction is 8% of the basic salary and income tax is levied at 20% on his taxable income.
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Accounting What the Numbers Mean
Authors: David H. Marshall, Wayne W. McManus, Daniel F. Viele,
9th Edition
978-0-07-76261, 0-07-762611-7, 9780078025297, 978-0073527062
