The following journal entry accounts for one week's (five days) salaries and wages for an employee:
Which of the following statements is correct?
A) The employee's gross salary is $400 per week.
B) The employee was absent from work for 3 days during the week and was paid for his/her absence.
C) The PAYG tax rate for this employee is 20%.
D) All of the given answers are correct.
Correct Answer:
Verified
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