How much Federal withholding tax deducted from employees pay

Assignment Help Accounting Basics
Reference no: EM133072942

Question - Dooley Publishing has the following payroll data for its July 1 pay date:

Date

Account Title

Account Number

Debit

Credit

July 1

Wages and salaries expense

522

$182,930.00

 

 

Federal withholding tax payable

220

 

$?

 

Social Security tax payable

221

 

10,517.12

 

Medicare tax payable

222

 

2,459.65

 

401(k) contributions payable

223

 

6,402.55

 

Health Insurance payable

224

 

13,299.01

 

Union Dues payable

227

 

4,573.25

 

Wages and salaries payable

226

 

113,562.94

July 1

Wages and salaries payable

226

113,562.94

 

 

Cash

101

 

113,562.94

Required - How much Federal withholding tax was deducted from employees' pay?

Reference no: EM133072942

Questions Cloud

Graphic visual representations of information : Identification of the strengths, weaknesses, threats, and opportunities of each theory and their impact on team performance.
Despite lingering effects of caste system : Do you think it will be possible to import and uphold a U.S. management style in India despite lingering effects of the Caste system and why?
Deploy internal wireless access for employees : Assume you are the IT manager for an organization tasked with evaluating whether or not to deploy internal wireless access for employees.
SCI 201 Unlocking the Secrets of Science and Innovation : SCI 201 Unlocking the Secrets of Science and Innovation Assignment Help and Solution - Strayer University, USA - Homework Help
How much Federal withholding tax deducted from employees pay : Dooley Publishing has the following payroll data for its July 1 pay date: How much Federal withholding tax was deducted from employees' pay
How much is the net pay : Question - Kierofree Air Tours has the following payroll data for its November 5 pay date: How much is the net pay
Calculate the value of a three-month European put option : The risk-free rate of interest with quarterly compounding is 8% per annum. Calculate the value of a 3-month European put option on the stock
MGSC 303 Operations Management Assignment : MGSC 303 Operations Management Assignment Help and Solution, Texas Southern University - Homework Help
Describe the economic tradeoff faced by central banks : Explain the mechanisms with which monetary policy affects economic conditions. Describe the economic tradeoff faced by central banks in achieving its economic g

Reviews

Write a Review

Accounting Basics Questions & Answers

  Journal entry to record their issuance by strauss lombardi

1.On February 1, 2013, Strauss Lombardi issued 9% bonds, dated February 1, with a face amount of $800,000.

  What type of opinion should you express

What type of opinion should you express on the financial report of Alex Ltd? Provide detailed explanation of the reason for your answer

  Prepare next year financial plan

Prepare next year's financial plan and operational budget. Use the budget you from Unit 1; it did not take into account the growth of the new facility

  What amount of prepaid dividends that company a recognize

What is the amount of prepaid dividends that company A should be recognize it in its statement of financial position in 31/12/2019

  Newman engineering liabilities include the following

$10 million of 9% bonds were issued for $10 million on May 31, 1988. The bonds mature on May 31, 2022, but bondholders have the option of calling (demanding payment on) the bonds on May 31, 2012. However, the option to call is not expected to be e..

  A summary of jarvis companys december 31 2013 accounts

a summary of jarvis companys december 31 2013 accounts receivable aging schedule is presented below along with the

  What depreciation expense for the year ending june would be

The machine was six months old at June 30 and had been used for 3,800 hours. The depreciation expense for the year ending June 30 would be

  Briefly evaluate Ghana budgeting processes

Briefly evaluate Ghana's budgeting processes based on best practices from an OECD member country of your choice. Provide reasons for your choice

  Categories in a typical cost-of-quality reporting system

Cari and Jeremy just bought a bed and breakfast inn at a very attractive price. The business had been doing poorly. Before they reopened the inn for business.

  What amount will be shown in the consolidated statement

What amount will be shown in the consolidated statement of financial position for goodwill pursuant to AASB 3 assuming that any non-controlling interest

  Rapid response manufacturing company suffered major losses

rapid response manufacturing company suffered major losses in a fire on june 18 2009. in addition to destroying several

  Flowchart-add some improvements-automation

#1. Flowchart the process as it is written. Use ‘swimming lanes' by functional area if desired. Think about what starts the process, what ‘documents' are used for input/outputs. etc. #2. Now look at the flowchart and add some improvements: Automat..

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