Direction: Act as an accountant. Enter the given data in excel and compute for the gross income, the exact amount of partial deductions, total deductions, and net pay. Deductions: SSS = 4% Philhealth = 1.50% Pagibig = 2% Tax = 12% (Please show the formula in excel)
Direction: Act as an accountant. Enter the given data in excel and compute for the gross income, the exact amount of partial deductions, total deductions, and net pay. Deductions: SSS = 4% Philhealth = 1.50% Pagibig = 2% Tax = 12% (Please show the formula in excel)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Direction: Act as an accountant. Enter the given data in excel and compute for the gross income, the exact amount of partial deductions, total deductions, and net pay.
Deductions:
SSS = 4%
Philhealth = 1.50%
Pagibig = 2%
Tax = 12%
(Please show the formula in excel)
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