Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. use the following data for question 5 \table[[,\

Use the following data for Question 5 \table[[,\table[[Neil],[Diamond]],\table[[Tom],[Jones]],\table[[Frank],[Sinatra]]],[INCOME,110,000,180,000,540,000],[Basic Pay,0,40,000,0],[Commission,0,10,000,30,000],[Travelling,10,000,0,0],[Overtime,20,000,0,0],[Material Aid and Supplies,35,000,0,0],[Protective Clothing,0,0,50,000],[Entertainment...

80.2K

Verified Solution

Question

Accounting

Use the following data for Question 5
\table[[,\table[[Neil],[Diamond]],\table[[Tom],[Jones]],\table[[Frank],[Sinatra]]],[INCOME,110,000,180,000,540,000],[Basic Pay,0,40,000,0],[Commission,0,10,000,30,000],[Travelling,10,000,0,0],[Overtime,20,000,0,0],[Material Aid and Supplies,35,000,0,0],[Protective Clothing,0,0,50,000],[Entertainment Allowance,175,000,230,000,620,000],[Gross Pay,,,],[,,,],[,,,],[DEDUCTIONS,,,],[NIS,,,],[NHT,5,000,8,000,8,000],[Education Tax,,,],[Income Tax,,,],[Pension,,,],[Group Health Insurance,,,],[,,,]]
How much is to be recorded as NIS for Frank Sinatra?
a. $18,600
b. $15,300
c. $16,200
d. $12,500
image

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students