User Account

All Pages

What is the actual direct deposit of payroll for first week

Assignment Help Accounting Basics
Reference no: EM131764919

Question - Rock Adventures has 15 employees each working 40 hours per week and earning $30 an hour. Federal income taxes are withheld at 15% and state income taxes at 6%. FICA taxes are 7.65% and unemployment taxes are 3.8% of the first $7,000 earned per employee. What is the actual direct deposit of payroll for the first week of January?

Reference no: EM131764919

Questions Cloud

Discuss what is operating leverage : What is operating leverage. Provide an example of two companies, one with high operating leverage and one with low operating leverage
Where can i download ubuntu 12.04 64bit version : Where can I download Ubuntu 12.04 64bit version? This is for LL10, ciss100 course.
Prepare an unadjusted trial balance as of january : Prepare journal entries to record the transactions for January and post them to the ledger accounts. Record prepaid items in balance sheet accounts
Calculate the accounting rate of return : Trask Company is trying to decide whether it should purchase or lease a new automated machine to be used in the production of a new product.
What is the actual direct deposit of payroll for first week : FICA taxes are 7.65% and unemployment taxes are 3.8% of the first $7,000 earned per employee. What is the actual direct deposit of payroll for the first week
Managing change analysis of a hypothetical case : what change theory would you use to overcome workers' resistance to change and drive success to the case situation - Leadership Theory that can be Implemented
Do you have any other industry certifications : Have you signed up for the CompTIA A+ 220-901 exam? If so, when? If not, why? Do you have any other industry certifications? Which certifications do you want?
What is the present value on january : What is the present value on January 1, 2016, of $10,000 to be received on January 1, 2020, and discounted at 6% compounded quarterly
Determine the cost management life cycle : Life cycle cost management takes into consideration the fact that costs and revenues: are higher in the early stages of the product life cycle.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Discuss the following with your learning team the steps in

discuss the following with your learning teammiddot the steps in testing a research hypothesismiddot

  The relative ability of the two companies to control

Explain how Lumber Liquidators could have a substantially higher gross profit percentage than Lowe's but a nearly identical net profit margin. What does this suggest about the relative ability of the two companies to control operating expenses?

  Compare the projected cost of one transaction

Hometown Bank is determining the price for its newest mini debit card. The card can be used at any retail outlet with a swipe reader. No PIN number or signature is required.

  Discussing the operating budget and variance analysis

ACC 202: Final Project Budget Variance Report. In your opening paragraph, very briefly introduce the purpose of your paper. Recall that you will be discussing the operating budget and variance analysis as explained in your rubric instructions. Thre..

  Gain-loss recognizing the exchange

What gain or loss is recognized by the corporation when it issues its shares to John? What is the basis to the corporation of the property it received from John?

  Ac consulting company has purchased a new 15000 copier this

ac consulting company has purchased a new 15000 copier. this overhead cost will be shared by the purchasing accounting

  What are the major advantages of the use of special journals

What are the major advantages of the use of special journals?

  Conclusion from statistical sample of internal controls

Using AICPA sample evaluation tables, determine the conclusion from a statistical sample of internal controls when a sample of 125 documents indicates.

  What is the amount of service department cost allocated

What is the amount of service department cost allocated to P1 and P2 using the step method with S1 going first

  Zimmer company reported the following information for 2011

zimmer company reported the following information for 2011 october november december budgeted sales 230000 220000

  What is total stockholders equity

The following table lists the stockholders equity accounts appearing on the balance sheet of a corporation on Dec. 31, 2008. Answer the questions below the table.

  What section of the balance sheet would report this item

What section of the balance sheet would report this item?

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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