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Marlene Grady and Pauline Monroe are partners engaged in operating The G&M Doll Shop, which has employed the following persons since the beginning of the year:
Grady and Monroe are each paid a weekly salary allowance of $950.
The doll shop is located in a state that requires unemployment compensation contributions of employers of one or more individuals. The company is subject to state contributions at a rate of 3.1% for wages not in excess of $8,100.
Compute each of the following amounts based upon the 41st weekly payroll period for the week ending October 9, 2015. Round your intermediate calculations and final answers to the nearest cent. Use rounded answers in subsequent computations. If an amount is zero, enter "0".
c. Amount of state unemployment contributions for the weekly payroll.
d. Amount of the net FUTA tax on the payroll.
e. Total amount of the employer's payroll taxes for the weekly payroll.
question during 2011 becky loans her brother ken 5000 which he intends to use to create a small business. ken has no
Prepare journal entries to record the March transactions in the General Journal.Post the March journal entries to the following T-accounts and compute ending balances.
it had a retail price of $37,000. In addition, Tighe’s employer gave him $5,000 with which to pay the taxes on the prize. How much must Tighe include in his gross income?
Cheers Pty Ltd is an Australian resident company which is involved in the wine and beer industries where it owns a number of vineyards in South Australia and has two boutique breweries in Adelaide where it produces Southern Bitter and Port Lincoln..
Use this information to prepare a monthly cash budget for Roche City for Jan, Feb, and March of 2006.
As prepaid expenses expire with the passage of time, the correct adjusting entry will be a debit to an asset account and a credit to an asset account. Debit to an expense account and a credit to an asset account. Debit to an expense account and a cre..
Find a newspaper article or web page report of an item of accounting news, i.e. it refers to a current event, consideration, comment or decision that has been published after June 2013.
catter company purchased equipment on november 15 2008. the company paid 10000 cash and borrowed the remaining balance
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What are the implications of having such varied costing systems? In your discussion, please consider the impact these options have on ‘Earnings Management' and ways of mitigating these impacts.
calculating additional finance requirements.the cfo of ipod accessories inc. has asked for your help in estimating the
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