Mr.Ahmed works for Oman Networking company and earns a monthly salary of OMR 2000. There is no overtime pay. Oman Networking withholds incomes taxs at 15% of gross pay. In addition to payroll taxes, Mr. Ahmed elects to contribute 5% monthly to united way. Oman networking also deducts OMR 150 Monthly for co-payment of the health insurance premium. Employee OASDI tax 4.2% and employee medicare 1.45%.

Requirements

(a) Compute Mr. Ahmed net pay for October.

(b) Journalize the accrual of salaries expense and the payments related to the employment of Mr. Ahmed.