User Account

All Pages

Journalize the entry to record the payroll for week of April

Assignment Help Accounting Basics
Reference no: EM132795105

Problem - The payroll register for Gamble Company for the week ended April 29 indicated the following: In addition, state and federal unemployment taxes were calculated at the rate of 5.4% and 0.6%, respectively, on $225,000 of salaries.

a. Journalize the entry to record the payroll for the week of April 29.

b. Journalize the entry to record the payroll tax expense incurred for the week of April 29.

Reference no: EM132795105

Questions Cloud

When is the considered to be recognized : A flower shop makes a large sale, The flower shop follows GAAP and applies the revenue recognition principle. When is the $1,000 considered to be recognized?
Identify your target audience that the patients in clinic : Choose a disease that interests you, e.g. cardio vascular disease (CVD), hypertension, osteoporosis, diabetes. Identify your target audience i.e. the patients.
Calculate the employer payroll taxes : Calculate the employer's payroll taxes, using the following rates: state unemployment, 5.4%; federal unemployment, 0.6%
Calculate the terminal value under the gordon growth method : Unlevered Free Cash Flow is 15%. In a DCF analysis, should you use a 15% perpetual growth rate to calculate the Terminal Value under the Gordon Growth Method?
Journalize the entry to record the payroll for week of April : In addition, state and federal unemployment taxes were calculated at the rate of 5.4% and 0.6%, Journalize the entry to record the payroll for week of April
Define difference between intrinsic and extrinsic motivation : Describe the characteristics of performance-driven team. Describe the difference between intrinsic and extrinsic motivation and explain why it is important.
What the new amortizing payment after the prepayment is : What the new amortizing payment after the prepayment (in dollars) is? You ae going to form a 4-tranche CMO from a pool of mortgages.
Are the stocks correctly priced over or under : Are these stocks correctly priced over or under. why? The risk free rate is 7% and the expected return on mrket is 14%. Stock A characterstics are beta of 1.27
Explain the differing roles of nursing leaders : Explain the differing roles of nursing leaders and nursing managers in this instance and discuss the different approaches they take to address the selected.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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: +91-977-207-8620

Phone: +91-977-207-8620

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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