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The employer's share of FICA tax ($390) must be accrued; no state or federal unemployment tax is incurred during the fourth quarter because all wages and salaries earned during the last quarter exceed the maximum subject to unemployment tax. What is the adjusting journal entry for this?
Explain in detail a post-closing trial balance, how it relates to the practice of accounting and its uses in business?
a company purchased a machine valued at 66000. it traded in an old machine for a 9000 trade-in allowance and the
Calculate the amount of operating expenses incurred by ABC Company during May. Do not use decimals in your answer.
hallas company manufactures a fast-bonding glue in its northwest plant. the company normally produces and sells 43000
tern corporation a cash basis taxpayer has taxable income of 500000 for the current year. tern elected 100000 of sect
Crocket Corp issues $200,00 of its 10percent bonds payable on April 1, 2030. The bonds were issued at face value, Interest is payable semi-annually, on 10/1 and 4/1. give the journal entries to issue the bonds and pay each of the first two interes..
a companys 8 coupon rate semiannual payment 1000 par value bond that matures in 30 years sells at a price of 566.43.
Pitts regularly sells inventory to Burris. Below you will find the details of intercompany inventory sales for the past three years:
on january 2 2015 jatson corporation acquired a new machine with an estimated useful life of five years. the cost of
at the beginning of the current fiscal year the balance sheet of cummings co. showed liabilities of 219000. during the
stock j has a beta of 1.31 and an expected return of 13.71 percent while stock k has a beta of 0.86 and an expected
questions based on partnership. awrite definition of partnership? b name and discuss the characteristics of a
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