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The summary of the payroll for the monthly pay period ending July 15 indicated the following: sales salaries 115000 federal income tax withheld 32000 Office Salaries 30000 medical insurance withheld 7370 social secuirty tax withheld 10200 medicare tax withheld 2250 Journalize the entries to record the payroll and the employer's payroll tax for the month. The state unemployment tax rate 3.1% and the federal unemployment tax rate .8%. Only $30,000 of salaries are subject to unemployment taxes.
Without regard for this investment, Keefe earns $300,000 in net income during 2006. What is consolidated net income for 2006?
bubble corporation manufactures two products i and ii from a joint process. a single production costs 4000 and results
Discuss a production process that you think would involve the production of joint products, being sure to address the following points:
What are the 6 principles in the AICPA's CPC and the purpose of each principle?
Do you think that it is a wise investment to contract services that provide security against fraud or should it be an in-house department that provides fraud security services?
A non profit company sells a pair of shoe that has a cost of $2.00 for the price of $102.00. The gross profit is 100%. The tax libility is 37%. What is the formula to reduce the tax liability to 0%
the current asset section of the excalibur tire companys balance sheet consists of cash marketable securities accounts
If Discount Electronics used the specific identification method instead of the FIFO method, what would Bargain's cost of goods sold be if the company wished to maximize earnings?
Actual performance under the reduced price structure
Determine the amount, if any, of the impairment loss that El Dorado must recognize on these assets.
employees earn vacation pay at the rate of one day per month. during july 25 employees qualify for one vacation day
What is the variable cost per unit (rounded to the nearest penny)? What are the total fixed costs?
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