Accounting Quiz or Test Your Accounting Knowledge on Wages & Salaries
Refresh or test your accounting knowledge on Wages & Salaries Accounting:
| QUESTIONS:
1.0 What do the initials PAYE stand for? 2.0 List three voluntary deductions that an employee might permit from his gross pay 3.0 What is the total cost of employing staff shown in an employer’s income statement? 4.0 Briefly summarize the principles of calculating PAYE income tax 5.0 What ledger accounting entries are necessary once the total payroll costs have been calculated? 6.0 What ledger accounting entries are made in respect of voluntary deductions permitted by employees?
|
Related Posts
- Accounting Quiz or Test on Knowledge On Bookkeeping and Accounting
- Malaysia Financial Reporting Standard (FRS) 111:Construction Contracts
- Explain what is the Chart Of Accounts and give examples of a simple and complex chart of accounts
- Internal Control Checklist/Questionaire/Assessment On Human Resources & Personnel Expenditure
- Our Decisions Made Up Our Life
Comments are closed now.