Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
The Payroll Tax Expense and the SUTA Taxes payable. The payroll of YellowCard Company for September 2013 is as follows. Total payroll was $464,800, of which $133,900 is exempt from Social Security tax because it represented amounts paid in excess of $106,800 to certain employees. The amount paid to employees in excess of $7,000 was $405,700. Income taxes in the amount of $81,270 were withheld, as was $8,690 in union dues. The state unemployment tax is 3.5%, but YellowCard Company is allowed a credit of 2.3% by the state for its unemployment experience. Also, assume that the current FICA tax is 7.65% on an employee's wages to $106,800 and 1.45% in excess of $106,800. No employee for YellowCard makes more than $125,000. The federal unemployment tax rate is 0.8% after state credit. Prepare the necessary journal entries if (a) the wages and salaries paid and (b) the employer payroll taxes are recorded separately. (Round answers to 0 decimal places
how can cvp analysis be used to predict future costs and profitability? describe how cvp analysis is used or could be
why are noncash transactions such as the exchange of common stock for a building for example included on a statement of
in recent years juresic transportation purchased three used buses. because of frequent turnover in the accounting
if a company issues common stock with no par- or stated-value then the journal entry for an ipo initial public offering
this is an example of abc for a service company. costko payroll services provides weekly payroll processing for a
barber inc. purchased a truck on january 1 2010 for 36000. at that time the trucks useful life was an estimated four
does anyone have the answersolution to the comprehensive problem chapter 3 to 7 for accounting principles by jerry j
Mourtinsen and Thrane (2006) state that "Trust is a problematizing devise. It is raised as a concern in the networks when trusting is absent." Explain what they mean by this statement.
Expects to spend $1,050,000 more in the future. What is the net profit that the company will recognize in the current year related to these contracts?
independent auditfeller the sole owner of a small hardware business has been told that the business should have its
custom metal works produces castings and other metal parts to customer specifications. the company uses a job-order
gull corp. is considering selling its old popcorn machine and replacing it with a newer one. the old machine originally
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!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd