User Account

All Pages

Journalize the recognition of the pay period

Assignment Help Accounting Basics
Reference no: EM131986227

Question - Dixon Sales has seven sales employees that receive weekly paychecks. Each earns $10.25 per hour and each has worked 40 hours in the pay period. Each employee pays 12% of gross in federal income tax, 3% of gross in state income tax, 6% of gross in social security tax, 1.5% of gross in Medicare tax, and 0.5% of gross in state disability insurance. Journalize the recognition of the pay period ending January 19 which will be paid to the employees January 26.

Reference no: EM131986227

Questions Cloud

Develop a system to help a department in a university : develop a system to help a department in a university to identify if there are any such courses that the course registering system will not allow students.
How do the theories impact supervisory practices : Include several theories that are essential for success in supervision. Explain why each of the theories is important.
What role might contribution margin per unit play : What role might contribution margin per unit of limited resource play in this decision? Should the marketing department be involved in decision-making process
How is the data in each database captured : Make a list of the databases in which data about you exists. How is the data in each database captured? Who updates each database and how often?
Journalize the recognition of the pay period : Journalize the recognition of the pay period ending January 19 which will be paid to the employees January 26
Major activities in the evaluation : What are the major activities in the evaluation, analysis, and revision stages? This is regarding to health care
How to make a scrolling marquee in visual studio : How to make a scrolling marquee in Visual Studio for SharePoint 2013 wide farm solution. I am planning to use it on multiple sites in this farm.
Describe a situation online where you witnessed trolling : Our choices of social media shape our perceptions of events, issues, and people. Cultural memberships influence the content of digital and online communication.
Track outcomes and improve quality and safety : Explain the administrative process needed to track outcomes and improve quality and safety.

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Theory of interest - term structure of interest rates

Term Structure of Interest Rates

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

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