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Excer 1 15.10. Company pays the wages for October for BigMoney Corp. - The total amount of monetray wages is 10 000. - The withheld
Excer 1 15.10. Company pays the wages for October for BigMoney Corp. - The total amount of monetray wages is 10 000. - The withheld tax amount is 3 300. - We also take into consideration the employee's unemployment (1,5%) & pension insurance (6,75%) fee. - We book also the social security fees (0,77 %). Book the transactions. 12.11 We pay the withheld taxes and the social security fees to the tax authority. T TTT
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