3 The information below was taken from the books of Mouton’s Enterprises.

Normal time rate per Hours worked for the week

Workers
hour ending 30 September 2009
F Asino N$34 46
A Fotolele N$42 40

The following deductions should be made:

1. Pension fund 7% of gross wage.
2. PAYE tax 20% of gross wage.
3. Medical Aid: F Asino – N$65
A Fotolele – N$50
4. Social Security: F Asino – N$27
A Fotolele – N$27

Additional information:
• A normal week consists of 40 hours.
• Overtime is paid at double the normal time rate.

REQUIRED

Draw up a Wages Journal for the week ending 30 September 2009.

 Wages Journal of Mouton’s Enterprises for the week ending 30 September 2009 WJ36
Normal Time Overtime Gross Medical Social Total Net
Details Pension PAYE
Hours Rate Amount Hours Rate Amount

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