User Account

All Pages

Journal entry to record the payroll tax expense

Assignment Help Cost Accounting
Reference no: EM13533245

The payroll register of Russert Construction Co. indicates $18,000 of social security withheld and $4,500 of Medicare tax withheld on total salaries of $300,000 for the period. Assume earnings subject to state and federal unemployment compensation taxes are $13,000, at the federal rate of 0.8% and the state rate of 5.4%.

Provide the journal entry to record the payroll tax expense for the period.

Reference no: EM13533245

Questions Cloud

Calculate the tension in the stick : A 0.19-kg ball on a stick is whirled on a vertical circle at a constant speed. When the ball is at the three o'clock position, the stick's tension is 20 N. Find the tension in the stick
Provide the journal entry to record the payroll tax : Provide the journal entry to record the payroll tax expense for the period - federal rate of 0.8% and the state rate of 5.4%.
Determine how long are the strings : Two small metallic spheres, each of mass m = 0.180 g, are suspended as pendulums by light strings of length L, How long are the strings
Difference between untreated and antibiotic treated bacteria : Pretend that you are using an SEM to observe differences between untreated and antibiotic treated bacteria. Explain the utility of SEM, and list a few features of the bacterial cell that could be affected by antibiotic treatment AND are observable by..
Journal entry to record the payroll tax expense : Provide the journal entry to record the payroll tax expense for the period - Assume earnings subject to state and federal unemployment compensation taxes are $13,000, at the federal rate of 0.8% and the state rate of 5.4%.
Mitochondria suitable organelle to compare tobacterial cells : Why are mitochondria a suitable organelle to compare tobacterial cells? What is the limit of resolution of the fluroescent microscope?What features of the mitochondria can you observe (fluroescentscope)?
Determine is the work done positive or negtive : During the pitching motion, a baseball pitcher exerts an average og 60 N against the0.15kg baseball while moving it through a horizontal displacement of 2.0 m before he releases it
Find how long does it take for venus to make one orbit : The earth orbits the sun once per year at the distance of 1.50 x 1011 m. Venus orbits the sun at a distance of 1.08 x 1011 m. How long (in earth days) does it take for Venus to make one orbit around the sun
Definition of cell membrane : I need textbook definition of cell membrane and a in my own wordsdefiniton. I need an anology of the word cell membrane. and what its like in real life. and tell me the picture i can drawof the thing in real life.

Reviews

Write a Review

Cost Accounting Questions & Answers

  How to allocate total cost among the three purchased assets

Liltua Company pays $375,280 for real estate plus $20,100 in closing costs. The real estate consists of land appraised at $157,040; land improvement appraised at $58,890; and a building appraised at $176,670. Allocate the total cost among the thre..

  Find the unknowns in big chucks abbreviated cash budget

Find the unknowns in Big Chuck's abbreviated cash budget and determine the outstanding loan balance as of September 30, after any repayments have been made.

  On september 21 2008 the lopez co issues 1000000 of bonds

on september 21 2008 the lopez co issues 1000000 of bonds having a coupon rate of 6. to help the sale detachable stock

  Evaluate total amount for intangible assets

Evaluate the total amount to be reported by Langrova for intangible assets

  Please respond to the following questions of implementing

please respond to the following questions of implementing activity data-driven cost components for health care.what

  Analyses test market economic

Provide the revised figures in the Payoff Table below complete the evaluation for the five EMV's. Show your logic and calculations and evaluate the BatesManor dollar sales at retail prices in their average store. Describe your reasoning and state a..

  Determine that the plant assets have a fair value

Prepare journal entries to record the Independent appraisers determine that the plant assets have a fair value of $460,000.

  What is the amount of unrestricted cash and investments

What is the amount of unrestricted Cash and Investments at 9/30/15 and what is the amount restricted Cash and Investments at 9/30/15?

  Requirements for the accounting scandal report

Requirements for the Accounting Scandal Report for a Governmental or Non-Profit Organization (can be federal, state, municipality or non-profit hospital,

  Characteristics of account for partner investments

Torres is contributing a building that cost Torres $75,000. The building's current market value is $90,000. Journalize the investment of the two partners.

  Evaluate the effect of the purchase

Evaluate the effect of the purchase of the additional 20,000 units of Halenol and the payment due Chris Padgett. Show briefly the ethical dilemma that McQueen faces in deciding whether or not to purchase the additional units.

  Fielder company obtained land by issuing 2000 shares of its

fielder company obtained land by issuing 2000 shares of its 10 par value ordinary shares. the land was recently

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd