User Account

All Pages

In january, gross earnings in alexi company

Assignment Help Accounting Basics
Reference no: EM131129004

1. In January, gross earnings in Alexi Company were $60,000. All earnings are subject to 8% FICA taxes. Federal income tax withheld was $14,000, and state income tax withheld was $1,600. 

(a) Calculate net pay for January, and 

(b) Record the payroll. 

Reference no: EM131129004

Questions Cloud

Rob judson company had the following transactions : Rob Judson Company had the following transactions involving notes payable.
Bond asks you to record the employers : In January, the payroll supervisor determines that gross earnings for Bond Company are $110,000.
Discuss the concept of strict liability : Discuss the concept of strict liability. Should this be applicable to businesses in product liability cases? Is this fair? What if a business is extremely cautious and yet a person is injured by the product. Why would it make sense to hold the busine..
What options does OSHA have regarding the proposed rule : Power Plus Battery Company (“PPBC”) has a production plant is located in Tampa, Florida. PPBC manufactures batteries for motor vehicles. PPBC has 200 employees and sells its batteries to customers in twenty five different states in the United States...
In january, gross earnings in alexi company : In January, gross earnings in Alexi Company were $60,000. All earnings are subject to 8% FICA taxes. Federal income tax withheld was $14,000, and state income tax withheld was $1,600.
What must prosecutor prove to establish guilt of keith : While walking on the sidewalk next to Sue’s home, Keith sees a DVD player on a blanket spread out on the lawn near the sidewalk. After looking around to see if anyone can observe his conduct, Keith takes the DVD player back to his home and tells ever..
Moth company has the following account balances : In addition, Moth is involved in a lawsuit. Legal counsel feels it is probable Moth will pay damages of $85,000 in 2011.
Calculate the standard reduction potential : Calculate the standard reduction potential (E'o) for the CO2/methanol redox pair. (Only have the statistics of the Gibbs Free Energy)
The cash register total including sales taxes : The cash register total including sales taxes is $42,000, and the sales tax rate is 5%. What is the sales taxes payable?

Reviews

Write a Review

Accounting Basics Questions & Answers

  Compute range inter quartile range and any outliers for the

find range inter quartile range and any outliers for the

  Pelarson case solution

Attaached PELARSON CASE SOLUTION, looking for general case analysis with- background information, issues and problems, ananlysis and conclusion. about 12 pages double spaced

  Reporting in the body of the financial statements

Reporting in the body of the financial statements is required for: A) loss contingencies that are probable and can be reasonably estimated. B) gain contingencies that are probable and can be reasonably estimated.

  Sme transactions are reported differently in fund versus

some transactions are reported differently in fund versus government-wide statements but others are not. the state

  A machine with a cost of 80000 has an estimated residual

a machine with a cost of 80000 has an estimated residual value of 5000 and an estimated life of 5 years or 15000 hours.

  Sales budget and cash receipts schedule

Prepare a sales budget for the first quarter of 2009. Determine the amount of sales revenue Dorough will report on the first of 2009 quarterly pro forma income statement.

  Kauf industries has just completed its sales forecasts and

kauf industries has just completed its sales forecasts and its marketing department estimates that the company will

  What are the tax consequences of property contributions

What are the tax consequences of property contributions in exchange for ownership interests to the contributing party and to the entity for C Corporations and Trusts?

  The information needs of a specific user of financial

the information needs of a specific user of financial accounting information depends upon the kinds of decisions that

  Construct t-accounts and enter the balances shown

Prepare adjusting journal entries for the following and post to the T-accounts. (Omit explanations.) Open additional T-accounts as necessary. (The books are closed yearly on December 31.)

  Full-coverage crown to replace the tooth

As a result, Carrie lost a tooth, had to undergo root canal treatments, and must now wear a full-coverage crown to replace the tooth. Is the store liable for the damage? Why?

  Yang corporation wholesales repair products to equipment

yang corporation wholesales repair products to equipment manufacturers. on may 1 2014 yang corporation issued 20000000

Free Assignment Quote

Assured A++ Grade

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd