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The following is the information of a governmental unit for the month of January 2015: 1. Total salaries of the employees before calculating income

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The following is the information of a governmental unit for the month of January 2015: 1. Total salaries of the employees before calculating income tax and NSSF L.L. 90,000,000 2. Income tax 3. NSSF: Governmental unit's contribution 4. NSSF: Employee's contribution 5. Subscription of syndicates 6. Instalments of the employees' loans 7. Penalties on employees L.L. 8,220,000 L.L. 9,000,000 L.L. 800,000 L.L. 1,000,000 L.L.3,200,000 L.L. 800,000 If you know that, the accountant did not take in consideration the following employees: Employee's Name Mohammad Khalid Family Status Annual Salary o Married L.L. 1,000,000 o Non Working Wife o 6 Children o Married L.L. 7,000,000 o Working Wife o 2 Children Required: 1. Calculate the total NSSF for the month of January which is due on both: a. The Employee; and b. The Governmental Unit (2 pts). 2. Calculate the total of personal income tax for the month of January (4 pts). 3. Prepare the journal entries to record the salaries and wages expense, and paying deductions for the month of January (2 pts). ............

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