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During the past week, one of your newly employed payroll associates dropped into your office to ask several questions regarding wage reporting for federal income and social security tax purposes. If you were the payroll supervisor, how would you answer each of the following questions raised by your associate?
1. I just noticed that the social security number is wrong on three of the employees' W-2 forms. How do I go about correcting the forms? Will the employees be penalized for filing incorrect forms?
2. Eileen Huang informed me today that we had withheld too much Medicare tax from her pay last year. She is right! What forms do I use to make the correction?
3. You asked me last week to locate one of our former employees, Warren Bucks. I can't seem to track him down. What should I do with his Form W-2?
4. Is it okay to use titles like ''M.D.'' and ''Esq.'' when I keyboard data in the W-2 forms?
The book values and fair values of Barney's assets and liabilities were as follows:
harmony audio company manufactures two models of speakers dl and xl. based on the following production and sales data
Identify and explain the three types of internal source computer fraud.
vandross company has recorded bad debt expense in the past at a rate of 1.5 of net sales. in 2012 vandross decides to
What kinds of information would you like to have before you invest in a particular common stock or mutual fund? From what sources can you get that information?
What would be similar between each organization?
a company is considering purchasing a machine that costs 280000 and is estimated to have no salvage value at the end of
Review the roles of management accounting within a company. What is the most important role of management accounting? How is that different than financial accounting?
pink martini corporation is projecting a cash balance of 31000 in its december 31 2007 balance sheet. pink martinis
the tobias company has 12 obsolete computers that are carried in inventory at a cost of 13200. if these computers are
tony and suzie are ready to expand great adventures even further in 2013. tony believes that many groups in the
They had no unrecognized prior service cost, no unrecognized gains or losses, and no balance sheet accruals relating to pension assets or liabilties. The company uses a discount rate of 10% in determining the PBO and has an expected rate of return..
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