A summary of the data from employees record of a company for the week ended September 30 is given below: The company operates on a 40-hour week and pays 50% in addition to normal rates for overtime. Additional information is given below. ‘B’ works in the storeroom issuing materials, ‘D’ is the supervisor and the others work directly on special orders as noted. Deduction @ 65% would be made for each employee on account of employees children education fund. An advance against salary of Rs.100 was made to ‘A’ on September 26. A 2% deduction is to be made from each employee’s wage for the company’s employee health and hospital benefit plan. Income tax @10% is deducted at source. Prepare the payroll sheet for the week showing each employee’s gross pay, deductions, and net pay.Show transcribed image text A summary of the data from employees record of a company for the week ended September 30 is given below: The company operates on a 40-hour week and pays 50% in addition to normal rates for overtime. Additional information is given below. ‘B’ works in the storeroom issuing materials, ‘D’ is the supervisor and the others work directly on special orders as noted. Deduction @ 65% would be made for each employee on account of employees children education fund. An advance against salary of Rs.100 was made to ‘A’ on September 26. A 2% deduction is to be made from each employee’s wage for the company’s employee health and hospital benefit plan. Income tax @10% is deducted at source. Prepare the payroll sheet for the week showing each employee’s gross pay, deductions, and net pay.
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