Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
At this point in the year some employees have already received wages in excess of those to which payroll taxes apply. Assume that the state unemployment tax is 2.5%. The FICA rate is 7.65% on an employee's wages to $97,500 and 4.45% in excess of $97,500. Of the $188,000 wages subject to FICA tax, $20,000 is in excess of $97,500 related to the sales wages. Federal unemployment tax rate is .8% after credits. Income tax withheld amounts to $16,000 for factory, $7,000 for sales and $6,000 for administrative.
Instructions
a.) Prepare a schedule showing the employers total cost of wages for November by function.
b.) Prepare journal entries to record the factory, sales, and administrative payrolls including the employers payroll taxes.
Clinton and Dole had capital balances of $120,000 and $180,000 respectively at the beginning of the current fiscal year. The articles of partnership provide for salary allowances of $18,000 and $20,000 respectively,
aaron and kim form a partnership by combining the assets of their separate businesses. aaron contributes accounts
assume that on january 1 2014 yard waste corp. signs a 5-year noncancelable lease agreement to lease an
The ABC Corp. had net income before taxes of $400,000 and sales of $2,000,000. If it is in the 50% tax bracket its after-tax profit margin is:
Develop a Gantt chart to determine the total time required to process all six jobs. Determine the costs of a level production strategy for the next six months, with an ending inventory of 8,000 pounds.
rivera company has several processing departments. costs charged to the assembly department for november 2014 totaled
a two year bond with the par value 1000 making annual coupon payment of 100 is priced at 1000. what is the yield to
tony and suzie graduate from college in may 2012 and begin developing their new business. they begin by offering
Prepare journal entries for the following transactions - Sold all inventory for $56,000 cash.
the hours worked and the hourly wage rates for 5 employees of kagen company for the week ended september 9.a. for each
harrington precision parts repaired one of its boeing 737 aircrafts at a cost of 150000. harrington precision parts
spring manufacturing company makes tents that it sells directly to camping enthusiants through a mail-order marketing
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd