Company XXX S.L. wants to post the payroll corresponding to April. We have the following data:

Gross monthly salary: €750,000
14 payments per year (12 regular + 1 extra 30 th June + 1 extra 31 st December)
Withholding Income Tax: 25%
Employer Social Security contribution: 31%
Withholding employee Social Security: 8%

Indicate which of the following is correct for the payroll entry corresponding to the month of April:

Question

Company XXX S.L. wants to post the payroll corresponding to April. We have the following data: 
 
 Gross monthly salary: €750,000 
 14 payments per year (12 regular + 1 extra 30 th  June + 1 extra 31 st  December) 
 Withholding Income Tax: 25% 
 Employer Social Security contribution: 31% 
 Withholding employee Social Security: 8% 
 
 Indicate which of the following is correct for the payroll entry corresponding to the month of April:

Answer

The amount in the account (476) Social Security payables is 271,250 euros.

Answer

I don't know the answer

Answer

The amount in the account (4751) Withholding tax payable is 197,500 euros.

Answer

The amount in the account (640) Wages and salaries is 875,000 euros.

Answer

The amount in the account (465) Salaries payable is 145,833.33 euros.

Crowdly

Company XXX S.L. wants to post the payroll corresponding to April. We have the f...

Want instant access to all verified answers on ecampus.esade.edu?