Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
A company has 12 employees and a monthly payroll of $160,000. The FICA-social security tax is 6.2% and the FICA-Medicare tax is 1.45%. The total withholding for federal income tax is $35,000 and Wisconsin income tax withholding is $10,000 for the current month. Employees have donations totaling $6,000 to the United Way withheld from their pay.
Question 1: Calculate the amount of FICA taxes owed (assuming no employee's salary is over the FICA limit) and prepare the journal entry to accrue this week's salaries expense and withholdings.
a) Prepare the adjusting entries for the month of May. Use J4 as the page number for your journal. b) Enter the totals from the trial balance as beginning account balances and place a check mark in the posting reference column. Post the adjusting e..
The comparative statements of Osborne Company are presented here. OSBORNE COMPANY Income Statements For the Years Ended December 31 2014 2013 Net sales $1,894,859 $1,754,819 Cost of goods sold 1,062,859 1,010,319 Gross profit 832,000 744,500. Earning..
Why organizations budget and the processes they use to create budgets, and recognize situations that present potential ethical and legal issues and develop solutions for those issues.
Consider an LP in standard form, where A 2 Rmn, c 2 Rn, b 2 Rm. Suppose that the set of optimal solutions is bounded.
Identify the current industry trend that has the most significant impact on your chosen organization's financial performance. Indicate the trend's impact on the financial performance of the organization.
Evaluate the amount of Clem's expenses that are deductible for AGI this year under the subsequent circumstances
How to understand this paragraph? Does it means a company should use fair value measurement when it in liquidation situation? if so, why?
What is the company's cost of capital? What is the appropriate discount factor (which may be different) for you to use in evaluating the bus project - Evaluate the quality of the project, by using appropriate capital budgeting techniques.
Calculate Caulder's profit margin and debt-to-capital ratio assuming the firm uses only debt and common equity,so total assets equal total invested capital
If a contract contains elements of both a service and a good:
problemwhile reviewing the march 31 2012 balance sheet of business solutions santana rey notes that the business has
$10, and the company has a marginal tax rate of 40 percent and EBITDA of $215,500, what is the total market capitalization of the company?
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd