Question
Jane earned a basic salary of N$5 000 and overtime of N$1 200 in August. In addition, she receives a transport allowance of N$300
Jane earned a basic salary of N$5 000 and overtime of N$1 200 in August. In addition, she receives a transport allowance of N$300 per month. Her pension fund contribution is 7.5% of basic salary, medical aid contribution is N$250 and she pays tax at 25% of taxable income. What was her gross salary in August? (round off your answer to the nearest whole number) Answer:
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Cornerstones of Managerial Accounting
Authors: Mowen, Hansen, Heitger
3rd Edition
324660138, 978-0324660135
