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O-LevelAccountingSources and recording of data7707/11 · May/June 2015 · Q271 Mark

Martha received gross pay of $1000 per month. Her employer provided the following information. employee's social security contribution 10% employer's social security contribution 15% income tax 20% What was Martha's net pay for the month?

A$550
B$650
C$700
D$750

✓ Correct answer

C: $700

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About this question

Topic
Sources and recording of data, O-Level Accounting (syllabus 7707). Multiple choice, 1 mark.
Source
O-Level Accounting, May/June 2015 Paper 1 Variant 1, question 27.

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