Provide the journal entry for the periods payroll

Assignment Help Accounting Basics
Reference no: EM13533179

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. Retirement savings withheld from employee paychecks were $18,000 for the period. Federal withholding for the period totaled $59,400.

Provide the journal entry for the period's payroll.

Reference no: EM13533179

Questions Cloud

Explain the mass of ethanol in your original unknown : Assuming that prior experiments have shown the single-step extraction removes only 77% of the ethanol, what is the mass of ethanol in your original unknown. 10.328g mass of ethanol moved by extraction,32.193 g unknown in original solution.
Determine the quick ratio for december 31 : Determine the quick ratio for December 31, 2012 and 2011 and interpret the change in the quick ratio between the two balance sheet dates.
Disadvantages of having two immunesystems in our body : What are the advantages and disadvantages of having two immunesystems in our body: the innate and adaptive?
Explain the mass in grams of 6.02x10^23 hydrogen atoms : If the average mass of a single hydrogen atom is 1.67x10^-24g , what is the mass in grams of 6.02x10^23 hydrogen atoms
Provide the journal entry for the periods payroll : Provide the journal entry for the periods payroll - payroll register of Russert Construction
How much heat is discarded to the high-temperature reservoir : A refrigerator has a coefficient of performace of 2.10. In each cycle it absorbs 20000J of heat from th ecold reservoir. how much heat is discarded to the high-temperature reservoir
Explain the atomic mass of silicon is natural abundance : The atomic mass of silicon is 28.0855 amu and the natural abundance of 29Si is 4.68%. What is the natural abundances of 28Si
Determine what is the normal force : a 4.64 kg block is on a plane inclined at 18.5 degrees with respect to the horizontal. What is the normal force
Overall accounts receivable amount : Should Boeing report these receivables separately in the financial statements, or combine them into one overall accounts receivable amount?

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.

  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!

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