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1. In January, gross earnings in Vega Company totaled $70,000. All earnings are subject to 8% FICA taxes, 5.4% state unemployment taxes, and 0.8% federal unemployment taxes.
Prepare the entry to record January payroll tax expense.
1. potential costs due to the discovery of a possible defect related to one of its products. these costs are probable
on february 1 2011 wolf inc. issued 10 bonds dated february 1 2011 with a face amount of 200000. the bonds sold for
Prepare journal entries for the transactions listed above.
during 2011 doug incurs the following deductible expenses 2300 in state income taxes 3000 in local property taxes 800
patriot co. manufactures and sells three products red white and blue. their unit sales prices are red 20 white 35 and
2. Provide a strategic recommendation to solve the issue (theory or any strategic method ) and lessons learned from the case.
a company has 3000 shares of 2 par value common stock and 1500 shares of 8 150 par noncumulative preferred stock
Before Malcolm's company is registered he deals with another company, West African Coffee and Chocolate Ltd (‘WACC'). WACC convince Malcolm to enter into a contract for the exclusive supply of coffee, chocolate and tea for the café.
faith inherited an undivided interest in a parcel of land from her father on february 15 2012. her father had purchased
Bloom does not plan to sell the Taylor bonds prior to maturity, and does not believe it is more likely than not that it will have to sell the Taylor bonds before the bonds have a chance to recover their fair value. Bloom attributes the entire $400,00..
Tax Return-Individual Number Five
Katherine Brewer is the owner and operator of Personality Shine LLC, a motivational consulting business. At the end of its accounting period, December 31, 2013, Personality Shine has assets of $756,000 and liabilities of $181,000. Using the acc..
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