Attempt the following Exercise RAL Company has 10 employees. The pay period of the company is a month. The payroll clerk has contained the following information for the month of Sene, 1998. Overtime (Br) Employee Name 1. Ahmed Ali 2. Azeb Mengesha 3. Belay Neger 4. Mustefa Hussein 5. Fakiha Nuri 6. Eskedar Molla 7. Fekadu Zewdie 8. Ziyad Abdellah 9. Solomon Sheger 10. Hoden Kemal Basic Salary 1500 3400 6670 1200 8900 650 895 550 15000 7500 50 180 60 120 75 - 75 70 Allowance (Br) 500 1000 500 1000 700 Additional Information: [a] The payroll register of RAL Co. more or less is the same as the payroll register shown in the illustration. The deduction columns are the following: Income tax, Idir fund, Union fees, Pension fund and total deductions. [b] All employees are to pay Idir fees of: (1) Birr 2 for all employees whose basis salary is up to Birr 500.00. (2) Birr 3 for all employees whose basic salary is above Birr 500.00 [c] All employees are required to pay Union fees of 1% of their basic salaries (assume that all employees are members of the Labor Union). [d] Ato Belay Nega, W/t Fakiha Nuri, Ato Fekadu Zewdie and W/ro Hoden Kemal contribute 5% of their basic salaries to the Credit Association of the Company. INSTRUCTIONS • Prepare the payroll register • Prepare a journal entry to record the salary expense for the month of Sene 1998 Prepare journal entries to record the payments of amounts withheld to the concerned authorities.​