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Explain the Recording employer's payroll taxes
Debited to an expense account-Payroll Tax Expense.
Credited to individual Tax Payable accounts
These amounts are then sent to appropriate agency.
Q. What do you mean by depreciable asset? A depreciable asset is a manufactured asset such like a building, vehicle, machine or piece of equipment that provides service to a bu
it wont balance
Hello, I'm having trouble understanding Direct Cost, Overhead Cost and Indirect Cost. ***Also Period cost and Product cost. please can anyone explain it and give examples for eac
what all things do we have to treat in revaluation account
Q. External users of accounting information? The external users of accounting information grouped into groups; everyone has different interests in the company and wants answers
Jane and Walt form Orange Corporation. Jane transfers equipment worth $475,000 (basis of $100,000) and cash of $25,000 to Orange Corporation for 50% of its stock. Walt transfers
Compensation for the uncertainties inherent in supply and demand
HOW TO DO DOUBLE ENTRY QUESTIONS
Determine the specific citation for accounting for each of the following items: 1. Accounts receivables from related parties should be shown separately from trade receivables. 2. T
implication of applying aacounting concept wronly
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