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Payroll Accounting · CSEC Principles of Accounts

33 past-paper questions on Payroll Accounting, part of Section 11: Accounting for the Entrepreneur, from every CSEC Principles of Accounts paper on Quelpr.

Practise Payroll Accounting
  1. 7(a)15 marks· CSEC Principles of Accounts · January 2009 · Paper 2On the answer sheet provided, prepare the payroll for the four employees.
  2. 7(b)(i)1 mark· CSEC Principles of Accounts · January 2009 · Paper 2Write a brief definition for: Time clock card
  3. 7(b)(ii)1 mark· CSEC Principles of Accounts · January 2009 · Paper 2Write a brief definition for: Gross pay
  4. 7(b)(iii)1 mark· CSEC Principles of Accounts · January 2009 · Paper 2Write a brief definition for: "Take home pay"
  5. 7(b)(iv)1 mark· CSEC Principles of Accounts · January 2009 · Paper 2Write a brief definition for: Bonus
  6. 7(b)(v)1 mark· CSEC Principles of Accounts · January 2009 · Paper 2Write a brief definition for: Voluntary deductions
  7. 6(a)(i)2 marks· CSEC Principles of Accounts · January 2010 · Paper 2Define the term 'Statutory deductions' and give ONE example.
  8. 6(a)(ii)2 marks· CSEC Principles of Accounts · January 2010 · Paper 2Define the term 'Voluntary deductions' and give ONE example.
  9. 6(b)11 marks· CSEC Principles of Accounts · January 2010 · Paper 2On the answer sheet provided, complete the hours breakdown and calculate Nalini's gross pay for the week.
  10. 6(c)5 marks· CSEC Principles of Accounts · January 2010 · Paper 2Calculate Kevin's monthly net pay, showing all workings.
  11. 7(a)(i)1 mark· CSEC Principles of Accounts · January 2012 · Paper 2Identify the specific term used to describe Jerome Perkins' monthly pay.
  12. 7(a)(ii)1 mark· CSEC Principles of Accounts · January 2012 · Paper 2Identify the specific term used to describe additional earnings paid out of company's profits.
  13. 7(a)(iii)1 mark· CSEC Principles of Accounts · January 2012 · Paper 2Identify the specific term used to describe the contribution to the credit union requested by the employee.
  14. 7(a)(iv)1 mark· CSEC Principles of Accounts · January 2012 · Paper 2Identify the specific term used to describe the contribution to National Insurance required by the government.
  15. 7(a)(v)1 mark· CSEC Principles of Accounts · January 2012 · Paper 2Identify the specific term used to describe regular amounts paid to employees when they have retired.
  16. 7(b)15 marks· CSEC Principles of Accounts · January 2012 · Paper 2On the pay slip provided, calculate David Ayliffe's gross earnings, total deductions, taxable earnings, income tax, and net earnings for the week, showing your workings.
  17. 2(a)(i)5 marks· CSEC Principles of Accounts · January 2018 · Paper 2Complete the table showing Hours Worked (Monday–Friday), Total Pay (Monday–Friday), Hours Worked (Saturday and Sunday), Total Pay (Saturday and Sunday), and Gross Pay for U. Marsh, I. Stop, D. Park, and H. Drive.
  18. 2(a)(ii)6 marks· CSEC Principles of Accounts · January 2018 · Paper 2Prepare the payroll for the four employees, calculating Gross Pay, NI Deductions (5%), Pension Deduction (3%), Taxable Income, Income Tax (25%), and Net Pay.
  19. 2(b)(i)1 mark· CSEC Principles of Accounts · January 2018 · Paper 2State ONE example of a statutory deduction.
  20. 2(b)(ii)2 marks· CSEC Principles of Accounts · January 2018 · Paper 2Define the term bonus.
  21. 5(a)(i)3 marks· CSEC Principles of Accounts · May/June 2013 · Paper 2Calculate the gross pay for Mark.
  22. 5(a)(ii)7 marks· CSEC Principles of Accounts · May/June 2013 · Paper 2Calculate the gross pay for John.
  23. 5(b)8 marks· CSEC Principles of Accounts · May/June 2013 · Paper 2Using your answers from (a) above and the additional information provided, complete the payroll form provided as an insert.
  24. 5(c)2 marks· CSEC Principles of Accounts · May/June 2013 · Paper 2State ONE difference between 'statutory deductions' and 'voluntary deductions'.
  25. 7(a)2 marks· CSEC Principles of Accounts · May/June 2014 · Paper 2List TWO basic source documents used in preparing payrolls.
  26. 7(b)2 marks· CSEC Principles of Accounts · May/June 2014 · Paper 2Distinguish between 'voluntary deductions' and 'statutory deductions'.
  27. 7(c)16 marks· CSEC Principles of Accounts · May/June 2014 · Paper 2Complete the Pets Plus Payroll Sheet for the week ended 26 April 2014 using the provided rates: overtime at 1.5 × normal rate, social security 5% (tax deductible), pension fund 1% (tax deductible), income tax 10%.
  28. 7(a)7 marks· CSEC Principles of Accounts · May/June 2016 · Paper 2Calculate the income after tax for each employee using the provided form.
  29. 7(b)8 marks· CSEC Principles of Accounts · May/June 2016 · Paper 2Calculate the net income for each employee incorporating statutory and compulsory deductions using the provided form.
  30. 7(c)(i)2 marks· CSEC Principles of Accounts · May/June 2016 · Paper 2Distinguish between statutory and non-statutory deductions.
  31. 7(c)(ii)3 marks· CSEC Principles of Accounts · May/June 2016 · Paper 2Name THREE basic source documents of the payroll.
  32. 5(b)(i)2 marks· CSEC Principles of Accounts · May/June 2017 · Paper 2State the proper names of any two payment methods used by StoreCraft Cooperative.
  33. 5(b)(ii)9 marks· CSEC Principles of Accounts · May/June 2017 · Paper 2Complete the payroll register form on page 25 for March 2016, rounding off amounts to the nearest whole dollar and showing workings.

Related topics in Section 11: Accounting for the Entrepreneur