Dallol Technology &Business College

Mid- Test for Establish & Maintain Payroll System

Level IV 2022 G.C
Evaluation: Out of 15%
Assume W/ro Yenealem is a permanent employee of Yichalal Plc and her regular hourly rate
is Br. 72, with a 1.5 rate for every hour worked in the excess of 40 hours during a week. The
following data available:

- An hour worked during current month is 180.

- The Basic monthly salary is Br. 11,520
- Transportation allowance is Br. 800

Assume further that according to the company policy transportation allowance in excess of
Br. 600 is subject to employment income tax and she has an agreement to contribute a Br.
300 per month to a credit & saving association. Based on the above data:

A) Prepare a payroll register (or sheet) for the company for the end of current month.
B) Record the payment of salary and accrued liabilities as of the end of current month.
C) Record the payroll taxes expense for the end of current month.
D) Record the payment of the claim of the credit association of the company, and other
payroll related liabilities to the concerned authorities (withholding taxes, and payroll
taxes).

Answer Sheet

Name: Id. No.