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2 marksPayroll Accounting

CSEC Principles of Accounts · May/June 2014 · Paper 2 · Question 7(a)

Pets Plus prepares weekly payrolls for a sales attendant (10/hr, 40 hrs normal, 45 hrs worked) and cashier (120/day, 5 days).

List TWO basic source documents used in preparing payrolls.

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Other parts of this question

  1. 7(b)Distinguish between 'voluntary deductions' and 'statutory deductions'.[2 marks]
  2. 7(c)Complete 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…[16 marks]

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