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The following information pertains to the payroll of Fanelli Fashion Company on June 3:Total wages earned by employees are 2,910. The state employment insurance contribution rate is 3.75%. The entire amount of wages is taxable under FICA, FUTA and SUTA. The amount withheld from the employees wages for federal income taxes is 491, for state income taxes is 49.10, and for group ins is 87.10. Journalize the payment of wages, and record the payroll taxes on June 3.
Pierce Company sold to Stanton Company merchandise on account FOB shipping point, 2/10, net 30, for $20,000. Pierce prepaid the $500 shipping charge.
today many companies face budgetary challenges on a continual basis. two critical aspects that businesses lack are
ABC Company sells 10,000 units of a product at $30 per unit. This is the first year of operations so there is no beginning inventory of finished units. Calculate operating income under absorption costing. Explain why the difference in incomes exist.
Write a 700- to 1,050-word paper that describes the importance of blue ocean strategy and identifies a product or service that would be considered a blue ocean move.
Where only a proportion of subsidiary's shares are owned by a parent entity, what proportion of the intragroup transactions between the parent entity and the subsidiary will need to be eliminated on consolidation?
Figure out the subsequent Tax Implications for BB, Meaningful, American Red Cross, The Partnership and the Government. Income Tax and Gift Tax
This month, a company performed $517,000 of services and incurred total expenses of $438,000. If the company was paid in cash for all its services and paid cash for all its expenses,
How does Disney describe cash and cash equivalents
All projects (or businesses go through three stages acquisition, operating, and disposition. Using Chipotle Mexican Grill as an example (ticker symbol CMG) please indicate what you believe to be the most important estimate, number or variable in esti..
Evaluate the firm's cash conversion cycle. Using the following information and a 365-day year, what is your estimate of the firm's present cash conversion cycle?
question part 1the tim cost recovery corporation tim purchased and placed in service the subsequent depreciable
question knox company starts operations january 1. because all work is done to customer specifications the company
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