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Wallace Corporation summarizes the following information from its weekly payroll records during April
Prepare the two journal entries to record the payment of the payroll and the accrual of its payroll taxes for April. Assume an 8% F.I.C.A. rate for both employees and the employer. Also assume a 5.4% state unemployment tax rate and a 0.8% federal unemployment tax rate, and that all wages are subject to all payroll taxes. Round to the nearestdollar.
a sporting goods store purchased 7000 of ski boots in october. the store had 3000 of ski boots in inventory at the
rainey company wrote checks totaling 8540 during october and 9325 during november. 8120 of these checks cleared the
stine company uses a job order cost system. on may 1 the company has a balance in work in process inventory of 3980 and
What are the average total cost, average variable cost, and marginal cost for these output levels?
What components of stockholders' equity do each of the companies disclose and do the companies have preferred stock shares outstanding? If so, what special features do these shares contain?
sales 50000 units 1000000 direct materials and direct labor 500000 other variable costs 50000 and fixed costs 180000.
Which of the following would be included in cash flows from financing activities?
while sampling is often used to measure a population there are some instances where an entire population is still
The long-term note payable bears interest at 12% per year. The unadjusted Interest Expense account equals the amount paid for the first 11 months of the 2009 fiscal year. The $230 accrued interest for June has not yet been paid or recorded.
in an essay of 1250-1500 words comprehensively discuss causal factors the implications and possible mitigation
Prepare the necessary March 31 journal entry to record wages expense and wages payable. Assume that wages earned during March will be paid during April and prepare the entry to record the company's payroll tax expense.
Which account would not appear on a post-closing trial balance?
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