What is Ashley total federal tax

Assignment Help Accounting Basics
Reference no: EM132873757

Problem - In 2020, Ashley received a salary of $65,000. Deducted from the salary were income taxes of $12,000, the maximum Canada pension plan (CPP) of $2,898 and employment insurance (EI) contributions of $856 and charitable donations of $600. What is Ashley's total federal tax?

Reference no: EM132873757

Questions Cloud

Calculate the present values of the principal and interest : On January 2, Year 1, Calculate the present values of the principal and interest cash flows related to the bonds, and the resulting bond issue price.
What amount should be the balance of Investment in Pen Inc : Pen Inc. reported net income of $5,000,000 for the current year. What amount should be the balance of Investment in Pen Inc
Company apply operations management : Discuss 2 examples of how OM is used to improve the efficiency and effectiveness of business operations. How can your company apply operations management (OM)?
What is the gain realized by lisa on the exchange : What is Lisa's basis in new Parcel 1 received from Jane? What is the gain realized by Lisa on the exchange? What is the gain recognized by Lisa on the exchange?
What is Ashley total federal tax : In 2020, Ashley received a salary of $65,000. Deducted from the salary were income taxes of $12,000, What is Ashley total federal tax
Art of persuasion or advertising appeal : Brand loyalty often starts with the art of persuasion or advertising appeal.
What are the correct code and modifier : 7-month history of stress incontinence is admitted for laparoscopic urethral suspension. What are the correct code(s) and modifier, if applicable, for procedure
What would be the amount of the taxable capital gain : What would be the amount of the taxable capital gain or income Mrs. Holmes would report in 2020
Reasons for continued popularity of structured interviews : Discuss reasons for continued popularity of structured interviews in the selection, despite its shortcomings.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Explain the purpose of a financial statement audit

Explain the purpose of a Financial Statement audit. Identify and analyse 5 specific issues for an auditor or the users of financial statements

  Appropriate entry in general fund to record sale

Assuming that the City maintains its books and records in a manner to facilitate the preparation of the fund financial statements, what is the appropriate entry in the General Fund to record this sale?

  Determine the amount the South Region costs

The North Region's costs were under budget by $2,000. Determine the amount the South Region's costs were over or under budget

  Prepare all the journal entries required for the bonds

On October 1, 2022, Samson issued one-half of the bonds, at a discount of $20,700, Prepare all the journal entries required for the bonds

  Prepare closing journal entries for Armour Company

Prepare closing journal entries for Armour Company for the year ended December 31 - Factory overhead, debit and credit balance $186,250

  Assume that you are the auditor of weller inc and that you

assume that you are the auditor of weller inc. and that you have been asked to explain the appropriate accounting and

  What are the companys daily fixed costs

What are the company's daily fixed costs? What is the marginal cost per bicycle? What is the cost of producing 20 bicycles?

  Write steps to improve the company ability to pay bills

Chien Corporation is a recently formed business selling the "World's Best Doormat." The corporation is selling doormats faster than Chien can make them.

  Cactus construction sells 1000000 of 8 bonds on january 1

cactus construction sells 1000000 of 8 bonds on january 1 20xx. the bonds are unsecured but registered to the name of

  Bricker enterprises purchased a machine for 100000 on

bricker enterprises purchased a machine for 100000 on october 1 2012. the estimated service life is ten years with a

  The financial statements of pepsi company

Using the consolidated financial statements and related information, identify items that may result in adjusting entries for prepayments.

  What were the equivalent units for conversion costs

Cargin Company uses the FIFO method in its process costing system. What were the equivalent units for conversion costs in the Assembly Department for the month

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