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Garrett Hudson earned $895 this week. The deductions from his pay were as follows:
FIT................. $95.00FICA OASDI............. 37.59FICA HI............... 12.98State income tax............ 27.75State disability insurance........ 6.71Health insurance premium......... 31.00Credit union contribution ....... 50.00United Fund contribution ....... 10.00
Hudson's employer just received a garnishment order (credit card debt of $2,140) against his pay. Compute the following:
a. Hudson's disposable earnings . . . $_____________
b. The amount of his pay subject to the garnishment . . . . . . . . . . . ...$_____________
Journalize and post adjusting entries. Prepare an adjusted trial balance.
littlejohn inc. produces a subassembly used in the production of hydraulic cylinders. the subassemblies are produced in
At the beginning of 2011, Red decided to change the depreciation to the double-declining balance method. The residual value remains at $4 million. Ignoring income taxes, what will be Red's depreciation expense for 2011?
Maria Alvarez is investing $217,140 in a fund that earns 10% interest compounded annually. What equal amounts can Maria withdraw at the end of each of the next 21 years?
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