Prepare the journal entry to record Maddy pay

Assignment Help Accounting Basics
Reference no: EM133037533

Question - Maddy Peters's regular hourly wage rate is $14, and she receives an hourly rate of $21 for work in excess of 40 hours. During a March pay period, Maddy works 47 hours. Maddy's federal income tax withholding is $80, and she has no voluntary deductions.

Prepare the journal entry to record Maddy's pay for the period. Use March 15 for the end of the pay period.

Reference no: EM133037533

Questions Cloud

Research on dehydration in the elderly : Research on Dehydration In the Elderly - Use the IOWA model of Evidence-Based Practice in writing the POWERPOINT
Eylf principles and practices : When answering this question think about the EYLF Principles and Practices and how they might apply to Eva.
Human rights on canadian law : Read the following situations and answer the questions by Answering - Yes, No or Maybe. Give a brief explanation.
How much higher or lower would Morry Company net income have : How much higher or lower would Morry Company's net income have been under the direct write-off method than under the allowance method
Prepare the journal entry to record Maddy pay : Maddy's federal income tax withholding is $80, and she has no voluntary deductions. Prepare the journal entry to record Maddy pay
Leadership development action plan assignment : Identify two core leadership skills that you believe are essential for you to develop to achieve your vision. Throughout the semester
Record the business combination and valuation reserve : Record the business combination and valuation reserve (BCVR) adjusting entry assuming 96% of the inventories were sold by 30th June 2020
How would the extended warranty liabilities be reported : How would the extended warranty liabilities be reported on the December 31, 20X2 Balance Sheet? Show how these would be classified
What is the journal entry required to record the issuance : May Company issues 2400 shares of common stock with a $6 par value. What is the journal entry required to record the issuance

Reviews

Write a Review

Accounting Basics Questions & Answers

  What is deductible transportation expense

During the year 2019, Ricki, Using the automobile expense rates in effect for 2019, what is her deductible transportation expense?

  What cost per unit would be used for product costing

Ramos Company has the following unit costs: Variable manufacturing overhead 13. What cost per unit would be used for product costing under variable costing?

  For the year ending december 31 2010 nathan clinical

for the year ending december 31 2010 nathan clinical supplies co. mistakenly omitted adjusting entries for 1 8900 of

  Prepare journal entries for the transactions

Prepare journal entries for the transactions above, assuming reversing entries are not made at the beginning of each year. Round off amounts to nearest centavo.

  What are all the qualitative consideration

A special order was received from Bank Rakyat Islamic Bhd to supply 5,000,000 cans, What are all the qualitative consideration that must be taken in decision

  What is the amount of cost of goods sold for the sales

Assuming Chase uses a LIFO cost flow method, what is the amount of cost of goods sold for the sales transaction on January 18

  Calculate ending inventory

Inventory at end-of-year prices of $1,300,000 (2018 - base year), $1,450,000 (2019), and $1,350,000 (2020). Calculate ending inventory

  What is the journal entry to record the issuance

ABC Corp issues 10,000 shares of $3 par value stock at $25 per share on 7/1/19. What is the journal entry to record the issuance

  Calculate the net present value of the product

BIG Pharmaceuticals Ltd. has invested $300,000 to date in developing a new type of insect repellent. The repellent is now ready for production and sale.

  What is rfid technology? identify three practical uses

What is RFID technology? Identify three practical uses for this technology.

  State legislature provides for school funding

State legislature provides for school funding. It may or may not delegate taxing authority to schools within legislative restrictions

  Who can claim a tax credit for education expenses

The Grays file jointly with modified AGI of $116,000. Joel has modified AGI of $26,000. Who can claim a tax credit for education expenses paid by Joel

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