The detailed payroll records of abc company

Assignment Help Accounting Basics
Reference no: EM131133861

The following data were provided by the detailed payroll records of ABC Company for the last week of March 2016, which will not be paid until April 5, 2016: FICA taxes at a 7,65% rate (no employee had reached the maximum). Prepare the March 31, 2015 journal entry to record the payroll and the related employee deductions. Prepare the March 31, 2015 journal entry to record the employer's FICA payroll tax expense. Calculate the total payroll-related liabilities at March 31, 2015 using the results of requirements (A) and (B) above

1010_ki.jpg

Reference no: EM131133861

Questions Cloud

Write a three page paper assignment : write a three page paper Assignment. - How would you describe their workplace attitudes including job satisfaction and organizational commitment?
Identify event surrounding the american assimilation efforts : Identify events surrounding the Native American assimilation efforts, specifically the Dawes Act. Distinguish how opportunities in mining and trade out west impacted values during the Gilded Age or were impacted by values of the Gilded Age.
Find the standard deviation of the measured concentration : Enter the data into a spreadsheet. and construct a standard-additions plot of the data.
Discuss marketing potential of each and predict : Discuss the 5 P's of healthcare marketing to each healthcare organization. Elaborate how the 5 P's of healthcare marketing may impact the marketing potential of a healthcare organization.
The detailed payroll records of abc company : The following data were provided by the detailed payroll records of ABC Company for the last week of March 2016, which will not be paid until April 5, 2016: FICA taxes at a 7,65% rate (no employee had reached the maximum).
Sales jobs is an important sales management function : Hiring the right people for sales jobs is an important sales management function. Aptitude tests are often used to assist in assessing a candidate’s abilities and traits. Search the Internet for information on sales assessment tests and present the c..
Presented using different execution styles : Any message can be presented using different execution styles. Select a consumer brand of your choice, define their target market, and design two print advertisements (newspaper or magazine ads), each using a different execution style to deliver the ..
Briefly describe the types of services that you found : Choose one agency and assess this agency in terms of the 4 A's. Is it accessible, acceptable, affordable, or available for Mary or other pregnant women that you case-manage?
What action does airbus need to take : if airbus decides to hedge using money market instruments,what action does airbus need to take?what would be the guaranteed euro proceeds from the American sale in this case?

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