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journalizing payroll transactions, for Keller Systems;Inc, paid cash for april's payroll tax liability. withheld taxes from april payrolls; employee income tax,$532.00; social security tax,$634.88; and medicare tax,$148.48. paid cash for semimonthly payroll. total earnings, $5,250.00; withholdings; employee income tax,$273.00; u.s. savings bonds,$60.00(calculate the social security and medicare deductions). recorded employer payroll taxes expenses for the may 15 payroll. paid cash for u.s. savings bonds for employees,$300.00. paid cash for semimonthly payroll, gross wages,$5,310.00; withholdings;employee income tax, $276.00; u.s.savings bonds,$60.00. recorded employer payroll taxes expense for the may 31 payroll.paid cash for federal unemployment tax liability for quarter ended march 31, $245.76. paid cash for state unemployment tax liability for quarter ended march 31,$1,658.88, june 15. paid cash for the may liability for employee income tax,social security tax, and medicare tax,(calculate the social security and medicare tax liabilities by multiplying total earnings for the period by 12.4% for social security tax and 2.9% for medicare tax.) paid cash for semimonthly payroll. gross wages,$5,280.00;withholdings;employee income tax, $274.00; u.s.savings bonds,$75.00. recorded employer payroll taxes expenses.prove and rule the cash payments journal.
A Customer Master Record is a permanent record that haves key information about a business partner or a material. This information must be entered into the system before any transa
Adjusting entries in the general journal Be sure to put down the words "Adjusting Entries" at the beginning of journal after the last entry of month. By placing these words at
What are steps to explain supplier? Ans) Supplier should follow the check list. 1 He should make confidence in the client mind 2 Services to be completed (fulfilled in tim
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Meranda Corporation purchases a machine for $125,000. It has an estimated salvage value of $10,000 an is expected to produce 50,000 units in its lifetime. During the first year of
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Ask question Discuss the export financing under the deferred payment system.#Minimum 100 words accepted#
Q. Illustrating the recording of sales returns? Following are two instances illustrating the recording of sales returns in the Sales Returns and Allowances account - Suppose
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How To figure the discount using calculator 1. Be sure that decimal selector is on 2 decimal places 2. Key in amount of the sale 3. Multiply by percent (use the percent key)
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