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a. Prepare a payroll sheet for January 16 to 31 and make an entry to record the payroll. b. Compute for employer's contribution and make

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a. Prepare a payroll sheet for January 16 to 31 and make an entry to record the payroll. b. Compute for employer's contribution and make an entry to record the liabilities. The following are the employees of Music Museum: Cash Advance Rose Santos Shirley Yu Ben Chavez Semi Monthly Salary P 10,000 7,500 5,000 Position Secretary Cashier Clerk January 19 P500 New SSS Contribution Table 2021 For Employers and Employees (Effective January 2021) RANGE OF COMPENSATION Mandatory - - - ITTIT --- 10.00 - - - - - - - - - - Below 3,250 3,250 - 3,749.99 3,750 - 4,249.99 4,250 - 4,749.99 4,750 - 5,249.99 5,250 - 5,749.99 5,750 -6.249.99 6,250 - 6,749.99 6,750 - 7,249.99 7,250 - 7,749.99 7,750 - 8,249.99 8,250 - 8,749.99 8,750 - 9,249.99 9,250 - 9,749.99 9,750 - 10,249.99 10,250 - 10,749.99 10,740 - 11,249.99 11,250 - 11,749.99 11,750 - 12,249.99 12,250 - 12.749.99 12,750 - 13,249.99 13,250 - 13,749.99 13,750 - 14,249.99 14,250 - 14,749.99 14,750 - 15,249.99 15,250 - 15,749.99 15,750 - 15,249.99 16,250 - 16,749.99 16,750 - 17,249.99 17,250 - 17,749.99 17,750 - 18,249.99 18,250 - 18,749.99 18,750 - 19,249.99 19,250 - 19,749.99 19,750 - 20.249.99 20,250 - 20.749.99 20,750 - 21,249.99 21,250 -21,749.99 21,750 - 22,249.99 22,250 - 22,749.99 22,750 - 23,249.99 23,250 - 23,749.99 23,750 - 24,249.99 24,250 - 24,749.99 24,750 - over Monthly Salary Credit AMOUNT OF CONTRIBUTIONS PinoyMoneyTalk.co Regular Social EMPLOYEE'S Security REGULAR SOCIAL SECURITY COMPENSATION MANDATORY PROVIDENT FUND Total TOTAL Employees' Provident Compensation Fund ER EE TOTAL ER EE TOTAL ER EE TOTAL ER EE TOTAL 3,000.00 3,000.00 255.00 135.00 390.00 10.00 10.00 265.00 135.00 400.0 3,500.00 3,500.00 297.50 157.50 455.00 10.00 10.00 307.50 157.50 465.0 4,000.00 4,000.00 340.00 180.00 520.00 10.00 10.00 350.00 180.00 530.0 4,500.00 4,500.00 382.50 202.50 585.00 10.00 10.00 392.50 202.50 595.0 5,000.00 5,000.00 425.00 225.00 650.00 10.00 435.00 225.00 660.0 5,500.00 5,500.00 467.50 247.50 715.00 10.00 10.00 477.50 247.50 725.0 6,000.00 6,000.00 510.00 270.00 780.00 10.00 10.00 520.00 270.00 790.0 6,500.00 6,500.00 552.50 292.50 845.00 10.00 10.00 - 562.50 292.50 855.0 7,000.00 7,000.00 595.00 315.00 910.00 10.00 10.00 605.00 315.00 920.0 7,500.00 7,500.00 637.50 337.50 975.00 10.00 10.00 - 647.50 337.50 985.0 8,000.00 - 8,000.00 680.00 360.00 1,040.00 10.00 10.00 - 690.00 360.00 1,050.0 8,500.00 - 8,500.00 722.50 382.50 1,105.00 10.00 10.00 732.50 382.50 1,115.0 9,000.00 9,000.00 765.00 405.00 1,170.00 10.00 10.00 775.00 405.00 1,180.0 9,500.00 9,500.00 807.50 427.50 1,235.00 10.00 10.00 817.50 427.50 1,245.0 10,000.00 10,000.00 850.00 450.00 1,300.00 10.00 10.00 860.00 450.00 1,310.0 10,500.00 10,500.00 892.50 472.50 1,365.00 10.00 10.00 902.50 472.50 1,375.0 11,000.00 11,000.00 935.00 495.00 1,430.00 10.00 10.00 945.00 495.00 1,440.0 11,500.00 11,500.00 977.50 517.50 1,495.00 10.00 10.00 987.50 517.50 1,505.0 12,000.00 12,000.00 1,020.00 540.00 1,560.00 10.00 - 10.00 - 1,030.00 540.00 1,570.0 12,500.00 12,500.00 1,062.50 562.50 1,625.00 10.00 10.00 1,072.50 562.50 1,635.0 13,000.00 13,000.00 1,105.00 585.00 1,690.00 10.00 - 10.00 1,115.00 585.00 1,700.0 13,500.00 - 13,500.00 1,147.50 607.50 1,755.00 1,755.00 10.00 10.00 - 1,157.50 607.50 1,765.0 14,000.00 14,000.00 1,190.00 630.00 1,820.00 10.00 10.00 1,200.00 630.00 1,830.0 14,500.00 - 14,500.00 1,232.50 652.50 1,885.00 10.00 10.00 1,242.50 652.50 1,895.0 15,000.00 15,000.00 1,275.00 675.00 1,950.00 30.00 30.00 1,305.00 675.00 1,980.0 15,500.00 15,500.00 1,317.50 1,317.50 697.50 2,015.00 30.00 30.00 1,347.50 697.50 2,045.0 16,000.00 16,000.00 1,360.00 720.00 2,080.00 30.00 30.00 1,390.00 720.00 2,110.0 16,500.00 16,500.00 1,402.50 742.50 2,145.00 30.00 30.00 1,432.50 742.50 2,175.0 17,000.00 17,000.00 1,445.00 765.00 2,210.00 30.00 30.00 1,475.00 765.00 2,240.0 17,500.00 17,500.00 1,487.50 787.50 2,275.00 30.00 30.00 1,517.50 787.50 2,305.0 18,000.00 18,000.00 1,530.00 810.00 2,340.00 30.00 30.00 1,560.00 810.00 2,370.0 18,500.00 18,500.00 1,572.50 832.50 2,405.00 30.00 30.00 1,602.50 832.50 2,435.0 19,000.00 19,000.00 1,615.00 855.00 2,470.00 30.00 30.00 1,645.00 855.00 2,500.0 19,500.00 - 19,500.00 1,657.50 877.50 2,535.00 30.00 30.00 1,687.50 877.50 2,565.0 20,000.00 20,000.00 1,700.00 900.00 2,600.00 30.00 - 30.00 1,730.00 900.00 2,630.0 20,000.00 500.00 20,500.00 1,700.00 900.00 2,600.00 30.00 30.00 42.50 22.50 65.00 1,772.50 922.50 2,695.0 20,000.00 1,000.00 21,000.00 1,700.00 900.00 2,600.00 30.00 30.00 85.00 45.00 130.00 1,815.00 945.00 2,760.0 20,000.00 1,500.00 21,500.00 1,700.00 900.00 2,600.00 30.00 30.00 127.50 67.50 195.00 1,857.50 967.50 2,825.0 20,000.00 2,000.00 22,000.00 1,700.00 900.00 2,600.00 30.00 30.00 170.00 90.00 260.00 1,900.00 990.00 2,890.0 20,000.00 2,500.00 22,500.00 1,700.00 900.00 2,600.00 30.00 30.00 212.50 112.50 325.00 1,942.50 1,012.50 2,955.0 20,000.00 3,000.00 23,000.00 1,700.00 900.00 2,600.00 30.00 30.00 255.00 135.00 390.00 1,985.00 1,035.00 3,020.0 20,000.00 3,500.00 23,500.00 1,700.00 900.00 2,600.00 30.00 30.00 297.50 157.50 455.00 2,027.50 1,057.50 3,085.0 20,000.00 4,000.00 24,000.00 1,700.00 900.00 2,600.00 30.00 30.00 340.00 180.00 520.00 2,070.00 1,080.00 3,150.0 20,000.00 4,500.00 24,500.00 1,700.00 900.00 2,600.00 30.00 30.00 382.50 202.50 585.00 2,112.50 1,102.50 3,215.0 20,000.00 5,000.00 25,000.00 1,700.00 900.00 2,600.00 30.00 30.00 425.00 225.00 650.00 2,155.00 1,125.00 3,280.0 a. Prepare a payroll sheet for January 16 to 31 and make an entry to record the payroll. b. Compute for employer's contribution and make an entry to record the liabilities. The following are the employees of Music Museum: Cash Advance Rose Santos Shirley Yu Ben Chavez Semi Monthly Salary P 10,000 7,500 5,000 Position Secretary Cashier Clerk January 19 P500 New SSS Contribution Table 2021 For Employers and Employees (Effective January 2021) RANGE OF COMPENSATION Mandatory - - - ITTIT --- 10.00 - - - - - - - - - - Below 3,250 3,250 - 3,749.99 3,750 - 4,249.99 4,250 - 4,749.99 4,750 - 5,249.99 5,250 - 5,749.99 5,750 -6.249.99 6,250 - 6,749.99 6,750 - 7,249.99 7,250 - 7,749.99 7,750 - 8,249.99 8,250 - 8,749.99 8,750 - 9,249.99 9,250 - 9,749.99 9,750 - 10,249.99 10,250 - 10,749.99 10,740 - 11,249.99 11,250 - 11,749.99 11,750 - 12,249.99 12,250 - 12.749.99 12,750 - 13,249.99 13,250 - 13,749.99 13,750 - 14,249.99 14,250 - 14,749.99 14,750 - 15,249.99 15,250 - 15,749.99 15,750 - 15,249.99 16,250 - 16,749.99 16,750 - 17,249.99 17,250 - 17,749.99 17,750 - 18,249.99 18,250 - 18,749.99 18,750 - 19,249.99 19,250 - 19,749.99 19,750 - 20.249.99 20,250 - 20.749.99 20,750 - 21,249.99 21,250 -21,749.99 21,750 - 22,249.99 22,250 - 22,749.99 22,750 - 23,249.99 23,250 - 23,749.99 23,750 - 24,249.99 24,250 - 24,749.99 24,750 - over Monthly Salary Credit AMOUNT OF CONTRIBUTIONS PinoyMoneyTalk.co Regular Social EMPLOYEE'S Security REGULAR SOCIAL SECURITY COMPENSATION MANDATORY PROVIDENT FUND Total TOTAL Employees' Provident Compensation Fund ER EE TOTAL ER EE TOTAL ER EE TOTAL ER EE TOTAL 3,000.00 3,000.00 255.00 135.00 390.00 10.00 10.00 265.00 135.00 400.0 3,500.00 3,500.00 297.50 157.50 455.00 10.00 10.00 307.50 157.50 465.0 4,000.00 4,000.00 340.00 180.00 520.00 10.00 10.00 350.00 180.00 530.0 4,500.00 4,500.00 382.50 202.50 585.00 10.00 10.00 392.50 202.50 595.0 5,000.00 5,000.00 425.00 225.00 650.00 10.00 435.00 225.00 660.0 5,500.00 5,500.00 467.50 247.50 715.00 10.00 10.00 477.50 247.50 725.0 6,000.00 6,000.00 510.00 270.00 780.00 10.00 10.00 520.00 270.00 790.0 6,500.00 6,500.00 552.50 292.50 845.00 10.00 10.00 - 562.50 292.50 855.0 7,000.00 7,000.00 595.00 315.00 910.00 10.00 10.00 605.00 315.00 920.0 7,500.00 7,500.00 637.50 337.50 975.00 10.00 10.00 - 647.50 337.50 985.0 8,000.00 - 8,000.00 680.00 360.00 1,040.00 10.00 10.00 - 690.00 360.00 1,050.0 8,500.00 - 8,500.00 722.50 382.50 1,105.00 10.00 10.00 732.50 382.50 1,115.0 9,000.00 9,000.00 765.00 405.00 1,170.00 10.00 10.00 775.00 405.00 1,180.0 9,500.00 9,500.00 807.50 427.50 1,235.00 10.00 10.00 817.50 427.50 1,245.0 10,000.00 10,000.00 850.00 450.00 1,300.00 10.00 10.00 860.00 450.00 1,310.0 10,500.00 10,500.00 892.50 472.50 1,365.00 10.00 10.00 902.50 472.50 1,375.0 11,000.00 11,000.00 935.00 495.00 1,430.00 10.00 10.00 945.00 495.00 1,440.0 11,500.00 11,500.00 977.50 517.50 1,495.00 10.00 10.00 987.50 517.50 1,505.0 12,000.00 12,000.00 1,020.00 540.00 1,560.00 10.00 - 10.00 - 1,030.00 540.00 1,570.0 12,500.00 12,500.00 1,062.50 562.50 1,625.00 10.00 10.00 1,072.50 562.50 1,635.0 13,000.00 13,000.00 1,105.00 585.00 1,690.00 10.00 - 10.00 1,115.00 585.00 1,700.0 13,500.00 - 13,500.00 1,147.50 607.50 1,755.00 1,755.00 10.00 10.00 - 1,157.50 607.50 1,765.0 14,000.00 14,000.00 1,190.00 630.00 1,820.00 10.00 10.00 1,200.00 630.00 1,830.0 14,500.00 - 14,500.00 1,232.50 652.50 1,885.00 10.00 10.00 1,242.50 652.50 1,895.0 15,000.00 15,000.00 1,275.00 675.00 1,950.00 30.00 30.00 1,305.00 675.00 1,980.0 15,500.00 15,500.00 1,317.50 1,317.50 697.50 2,015.00 30.00 30.00 1,347.50 697.50 2,045.0 16,000.00 16,000.00 1,360.00 720.00 2,080.00 30.00 30.00 1,390.00 720.00 2,110.0 16,500.00 16,500.00 1,402.50 742.50 2,145.00 30.00 30.00 1,432.50 742.50 2,175.0 17,000.00 17,000.00 1,445.00 765.00 2,210.00 30.00 30.00 1,475.00 765.00 2,240.0 17,500.00 17,500.00 1,487.50 787.50 2,275.00 30.00 30.00 1,517.50 787.50 2,305.0 18,000.00 18,000.00 1,530.00 810.00 2,340.00 30.00 30.00 1,560.00 810.00 2,370.0 18,500.00 18,500.00 1,572.50 832.50 2,405.00 30.00 30.00 1,602.50 832.50 2,435.0 19,000.00 19,000.00 1,615.00 855.00 2,470.00 30.00 30.00 1,645.00 855.00 2,500.0 19,500.00 - 19,500.00 1,657.50 877.50 2,535.00 30.00 30.00 1,687.50 877.50 2,565.0 20,000.00 20,000.00 1,700.00 900.00 2,600.00 30.00 - 30.00 1,730.00 900.00 2,630.0 20,000.00 500.00 20,500.00 1,700.00 900.00 2,600.00 30.00 30.00 42.50 22.50 65.00 1,772.50 922.50 2,695.0 20,000.00 1,000.00 21,000.00 1,700.00 900.00 2,600.00 30.00 30.00 85.00 45.00 130.00 1,815.00 945.00 2,760.0 20,000.00 1,500.00 21,500.00 1,700.00 900.00 2,600.00 30.00 30.00 127.50 67.50 195.00 1,857.50 967.50 2,825.0 20,000.00 2,000.00 22,000.00 1,700.00 900.00 2,600.00 30.00 30.00 170.00 90.00 260.00 1,900.00 990.00 2,890.0 20,000.00 2,500.00 22,500.00 1,700.00 900.00 2,600.00 30.00 30.00 212.50 112.50 325.00 1,942.50 1,012.50 2,955.0 20,000.00 3,000.00 23,000.00 1,700.00 900.00 2,600.00 30.00 30.00 255.00 135.00 390.00 1,985.00 1,035.00 3,020.0 20,000.00 3,500.00 23,500.00 1,700.00 900.00 2,600.00 30.00 30.00 297.50 157.50 455.00 2,027.50 1,057.50 3,085.0 20,000.00 4,000.00 24,000.00 1,700.00 900.00 2,600.00 30.00 30.00 340.00 180.00 520.00 2,070.00 1,080.00 3,150.0 20,000.00 4,500.00 24,500.00 1,700.00 900.00 2,600.00 30.00 30.00 382.50 202.50 585.00 2,112.50 1,102.50 3,215.0 20,000.00 5,000.00 25,000.00 1,700.00 900.00 2,600.00 30.00 30.00 425.00 225.00 650.00 2,155.00 1,125.00 3,280.0

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