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Merger Co. has ten employees, each of whom earns $2,000 per month and has been employed since January 1. FICA Social Security taxes are 6.2% of the first $110,100 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. FUTA taxes are 0.8% and SUTA taxes are 5.4% of the first $7,000 paid to each employee.
Prepare the March 31 journal entry to record the March payroll taxes expenses.So far I have most of the journals figured out, just a couple i need.
cyclone co. uses the periodic inventory system. the following information about their inventory of model xx mountain
If Dizbert Company concluded that an investment originally classified as available for sale would now more appropriately be classified as held to maturity, Dizbert would:
in recent years juresic transportation purchased three used buses. because of frequent turnover in the accounting
sibrel inc. a manufacturing company has provided the following financial data for septembersales590000variable
reynolds corp is a manufacturing company of kayaks.nbspnbspnbspnbspnbsp on june 1 2011 the companys ledger contains the
abraham inc. a new jersey corporation operates 57 bakeries throughout the northeastern section of the united states. in
data concerning homme corporations single product appear below
red sox company has the following sales of land and cash collectionsin 2010 there was the sale of bux land for 3000000
clopack company manufactures one product that goes through one processing department called mixing. all raw materials
Net income = 400 , net opening profit after taxes (NOPAT) = 600 , total asset = 2000 and total net operating capital =1800 . the information for the current year is : net income = 900 , net operating profit after taxes (NOPAT)= 800, total assets =..
Describe accounts receivable and how they occur and are recorded
which of the following statements is are false regarding the direct method of allocating service department costs? the
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