Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Mathematics SRL, a micro-enterprise, has the following employees in March 2020, when it was also Easter. All employees are Orthodox. Calculate their salaries, register the

Mathematics SRL, a micro-enterprise, has the following employees in March 2020, when it was also Easter. All employees are Orthodox. Calculate their salaries, register the amounts and prepare the payroll (stat de salarii). 1 euro = 5 lei. 1. Circle - General manager of the firm. The salary for Circle is 6,000 lei. In June she worked 20 extra hours besides the 160 working hours of the month. Additional hours are paid twice their normal value by Mathematics SRL. Also, in March, Circle has earned a bonus of 2,000 lei, an Easter gift of 250 lei, and a woman's birthday gift of 300 lei. Circle has a car she used 400 km of which 100 km in personal interest, 200 km of house-service and 100 km in business interest (travel to customers and tax). The purchase price of the car was 200,000 lei and the cumulative depreciation is 50%. Circle pays a private pension (pillar 3) of 300 lei per month and a voluntary health insurance contribution of 200 lei / month. Circle's phone subscription is 200 lei per month. In March the phone bill was 250 lei and SC Mathematics SRL decided to pay the difference of the calls, over the ceiling considered in the interest of the business. Mathematics pays a private pension in Circles name, in the amount of 2,000 lei in March (contribution for 1 year).

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Business Innovation Audit

Authors: William Tate

1st Edition

0955970733, 978-0955970733

More Books

Students also viewed these Accounting questions

Question

1. 13.6a What is the systematic risk principle?

Answered: 1 week ago