Court-ordered withholdings, Basic Statistics

Court-ordered withholdings

Paycheck accounting also includes withholdings for items other than payroll taxation. For example, legal courts of law may purchase business employers to take (withhold money from) a worker's wage or income for requirements such as paying your kids or paying debts.

The volumes taken out from workers for court-ordered withholdings are revealed on the organization's balance piece as a current obligation. When the company remits the volumes to the specific parties, the obligation is reduced.Some trial purchases may include a small fee to be taken out from the personnel to be able to compensate the company for management costs.

For example, the transaction from the trial might direct the company to hold $101 from the personnel and to remit $100 to a specific agency. The $1 difference will be a credit to the organization's management costs or to a varied revenue account.

Expertsmind.com offers unique accounting assignment help

Posted Date: 3/31/2012 5:14:44 AM | Location : United States







Related Discussions:- Court-ordered withholdings, Assignment Help, Ask Question on Court-ordered withholdings, Get Answer, Expert's Help, Court-ordered withholdings Discussions

Write discussion on Court-ordered withholdings
Your posts are moderated
Related Questions
#multiple linear regression of y on x1 & x2 from data relating to 3 variables i.e y=4,6,77,9,13,15 x1=15,12,8,6,4,8 x2=30,24,20,14,10,4

Question 2 Pankratov Lakes is a new recreational real estate development that consist of 500 Lake front and lake view lots. As a special incentive to the first 100 buyers of lake v

(Penney’s game) Independent flips of a biased coin that lands on heads with probability 0.7 are made. Each of two players, A and B, had chosen one out of the eight triplet: {HHH, H

Write a sample Results section, discussing your data screening activity.

A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i

Depreciation during the financial year  The Resources which are bought during the economical season and its determined that the Depreciation will be incurred on them @ 10% PA it

Suppose that an individual has unearned income of $V and can choose how many hours she works per week at a wage of $w per hour.  Assume that she has a total of 110 hours of time to

Gesto, Inc., has an issue of preferred stock outstanding that pays a $4.50 dividend every year, in perpetuity. If this issue currently sells for $79.85 per share, what is the requi


How can I use a balance sheet to do assignment with some adjustment? do I have to make transaction of each adjustment, and after that I change the balance sheet afterward?