Prepare the journal entry to record Maddy pay for period

Assignment Help Accounting Basics
Reference no: EM132696544

Question - Maddy Peters's regular hourly wage rate is $14, and she receives an hourly rate of $21 for work in excess of 40 hours. During a March pay period, Maddy works 47 hours. Maddy's federal income tax withholding is $80, and she has no voluntary deductions.

Required - Prepare the journal entry to record Maddy's pay for the period. Use March 15 for the end of the pay period.

Reference no: EM132696544

Questions Cloud

How can using crm support business operations : Does Zappos use a CRM? How can using a CRM support business operations? What are the benefits and challenges of using a CRM in a business?
Firewall evaluation criteria for your organization : What are the firewall evaluation criteria for your organization?
Environment for statistical computing and graphics : R is a language and environment for statistical computing and graphics. Why are statistical programming languages important to data scientists?
What are the steps in personal financial planning : What are the steps in personal financial planning? Describe each step.
Prepare the journal entry to record Maddy pay for period : During a March pay period, Maddy works 47 hours. Prepare the journal entry to record Maddy's pay for the period. Use March 15 for the end of the pay period
Assignment on wacc and target weights : Source of capital target market value weight ?Long-term debt After careful? analysis, Dexter Brothers has determined that its optimal capital structure
Prepare the journal entry for the grapes harvested : Prepare the journal entry. Determine the total effect on income for the quarter related to the vineyard's biological asset asset and agricultural produce.
Define different group techniques and types of work schedule : Describe the different group techniques and types of work schedules used to broaden a firm's job functions and maximize the contributions of employees.
About the research process : Where are opportunities for improvement to focus on as you continue taking courses in research methods and work toward your doctoral study?

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.

  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!

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