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21.67TAX TAX METHOD Average TAX OFFICE Sandton NATURE OF PERSON Normal employee with ID TYPE OF EMPLOYMENT
1.1PAYROLL INSTRUCTIONS Before answering the question paper, the following ins tructions should be carried out: The Company Mickey Mouse wa s created. Open the company Mickey
1.3apture the leave balances TYPE OF LEAVE MR E PETERS MRS M MOUSE MRS V SHREK ANNUAL
1.4apture the occupation of the three employees MR E PETERS MRS M MOUSE MRS
1.5rans action codes you use to process payslips INCOME TRANSACTIONS rint on payslip must be on for all income transactions
1.6rocess the transactions for March and A pril. MARCH FIRST FORTNIGHT TRANSACTIONS MR PETERS MRS MOUSE MRS SHREK HOURS WORKED
1.7INSTRUCTIONS THE FOLLOWING PRINTOUTS MUST BE HANDED IN Print the payslips for: MARCH: FIRST FORTNIGHT Mr Peters Mrs Mouse Mrs Shrek
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2.1Use the given information to calculate the NET PROFIT (10\
2.2Do the RECONCILIATION OF THE PROFIT WITH THE CASH RECEIVED (9\
2.3Do the NOTE (calculation\to the Cash Flow Statement for CASH RECEIVED FROM CLIENTS (4\
2.4Do the note for CASH PAID TO SUPPLIERS. (4\
2.5Enhance the work by drawing horizontal and vertical lines. (1\
2.6Use applicable formulae to do the necessary calculations in the notes.
2.7Show ALL amounts with two decimals. (1\ 2. Make a PRIN TOUT of the calculations of the Net rofit and the THREE notes
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3.1Use the given information to complete the Manufacturing Income Sta tement, clearly indicating the following:
3.1.1Cost of raw materials used (6\
3.1.2Primary cost (2\
3.1.3Factory overheads (4\
3.1Total production cost (5\
3.1Net rofit (11\
3.2Enhance the quality of the work by drawing horizontal and vertical lines.
3.3Show ALL the amounts with no decimals. (1\
3.4Make a PRIN TOUT on ONE page portrait of the THREE notes required and hand in for marking. 3. Insert a FOOTER with the
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4.1Use the given information to create a stock card. You are required to use the AVERAGE COST METHOD. (25
4.2Calculate the total stock value on 30 March 2018.
4.3Use the examp le given to create the stock card exactly as the example given.
4.4Bold, italics and centre the main/title heading. (1\
4.5Enhance the work by drawing horizontal and vertical lines. (1\ (6030175\ 15 Copyright reserved Please turn over
4.6Display the Unit c olumns as integers (no decima ls\ and the Cost Price column as currency
4.7Display the Average Cost column as currency, in bold and TWO decimals. (1\
4.8Insert a header with the
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4.9PRINT the stock shee t on one page LANDSCAPE and hand in for marking. INVENTORY DATA FOR MARCH 2018 FOR PAYROLL TEXTBOOKS On 1 March 2018 there were 25 Payroll Guidelines @ R100 and on 30 March 2018 there were 15 Payroll Guidelines left.
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5.1Use the given information and enter it into a wage journal to calculate the net wage for the employees. Use the wage journal example below. (26\
5.2Bold, italics and centre the column headings and use font 14. (2\
5.3Display ALL amounts in currency with no decimals. (1\
5.4Enhance the work by drawing horizontal and vertical lines.
5.5Insert a header with the
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5.6Make a PRINTOUT of the wage journal on one page LANDSCAPE TOTAL: 200