Reference no: EM132916549
Questions -
Q1. Tyler Samuels' filing status is qualifying widower, and he has earned gross pay of $830. Each period he makes a 401(k) contribution of 9% of gross pay and makes a contribution of 1% of gross pay to a flexible spending account. His current year taxable earnings for Social Security tax and Medicare tax, to date, are $199,720. What the Social Security tax and Medicare tax?
Q2. Jacob Finney's filing status is single, and he has earned gross pay of $1,240. Each period he makes a 403(b) contribution of 8% of gross pay and makes a contribution of 0.80% of gross pay to a cafeteria plan. His current year taxable earnings for Social Security tax and Medicare tax, to date, are $136,900. What the Social Security tax and Medicare tax?
Q3. Charlie Lilly's filing status is married filing jointly, and he has earned gross pay of $1,850. Each period he makes a 401(k) contribution of 15% of gross pay and contributes $60 to a dependent care flexible spending account. His current year taxable earnings for Social Security tax and Medicare tax, to date, are $84,200. What the Social Security tax and Medicare tax?
Q4. Desmond Carroll's filing status is married filing separately, and he has earned gross pay of $4,120. Each period he makes a 403(b) contribution of 5% of gross pay and contributes $90 to a cafeteria plan. His current year taxable earnings for Social Security tax and Medicare tax, to date, are $97,200. What the Social Security tax and Medicare tax?
Explain and describe the entity-level controls
: Explain and describe the following terms: (a) Entity-level controls, (b) Application controls; and (c) IT general controls
|
Why a business owner might opt for one form of organization
: Explain at least two reasons why a business owner might opt for one form of organization over another. Provide support for your rationale.
|
Record the transactions on the general journal template
: Jul 10 Issued 100,000 common shares for $12.50 per share. Record the above transactions on the general journal template
|
How much cash remains to be collected by CCC on the project
: Accounts receivable, 12/31/2018 (from construction progress billings) $37.5. How much cash remains to be collected by CCC on the project
|
What the Social Security tax and Medicare tax
: His current year taxable earnings for Social Security tax and Medicare tax, to date, are $97,200. What the Social Security tax and Medicare tax
|
Different methods of problem solving
: Problems arise regularly in organisations so it is important to have strategies to solve them. Analyse three (3) different methods of problem solving
|
Discuss the likely causes of the errors
: Looking forward, what tools will you use and actions will you take to ensure these errors don't continue to be an issue in the company records?
|
What was the total amount of cash that was paid
: Annie, Inc. borrowed P1,000,000 from the bank on August 1, 2020. What was the total amount of cash that was paid
|
What will be the problem if a guest would to the hotel
: What will be the problem if a guest would check outGive at least five examples.check inGive at least five examples. In the hotel?
|