User Account

All Pages

Which would be considered cash earnings

Assignment Help Accounting Basics
Reference no: EM132720414

Question: Following, are various types of income from employment;

Sick Pay $150

Wages $925

Tool Allowance $75

Gift Certificate $700

Standby Charge $450

Salesperson Expenses $250

Group Medical Coverage $60

Group Life Insurance Coverage $80

Employer Controlled Gratuities $55

Total those which would be considered cash earnings.

Reference no: EM132720414

Questions Cloud

Record the beginning of the lease for eye deal : Eye Deal Optometry leased vision-testing equipment from Insight Machines on January 1, 2021. Insight Machines manufactured the equipment at a cost of $370,000.
Prepare the necessary journal entry : Prepare the necessary journal entry for part b, if any, to correct the accounts as of January 1, 2019. Prepare the journal entry for part b if the error was.
Explain the concept of the laws of principals and agents : Explain the concept of the laws of principals and agents and why it important for a financial services officer to comply with this.
How much is the gross estate of the decedent : In the last will and testament, a decedent provided that the properties he leaves must not be sold or disposed of for ten years following his death.
Which would be considered cash earnings : Following, are various types of income from employment; Group Life Insurance Coverage $80. Total those which would be considered cash earnings.
What was reported and result in an inaccurate analysis : The next major limitation of the balance sheet is that all items listed are reported at their historical cost. The market value of the assets may be larger than
Calculate the wet dog annual percentage interest rate : The Wet Dog Surf Company borrows $32,000 for 3 months and will pay $440.00 interest. Calculate the Wet Dog's Annual Percentage Interest Rate (APR).
Determine the fair value of the leased asset : Fitbit Ltd has leased a machine on the following terms: Date of entering lease 1 July 2019. Determine the Fair Value (rounded off) of the leased asset.
How the tax relating to said items will be disclosed : How will the items recognised in terms of IFRS 16 be presented in the annual financial statements. Also discuss the how the tax relating to said items will be.

Reviews

Write a Review

Accounting Basics Questions & Answers

  Which of the following are principles of internal

which of the following are principles of internal control?a. having a yearly audit by an independent auditing firmb.

  Lanier company began operations on january 1 2012 and uses

lanier company began operations on january 1 2012 and uses the fifo method in costing its raw material inventory.

  How would the costs of the recliners affect that theater

How would the costs of the recliners and installation within a given theater affect that theater's break even point? Explain

  Find the cost of NHL Ending Work-In-Process for January

During January, NHL started production on an additional 30,000 units. Find the cost of NHL Ending Work-In-Process for January

  What type of concessions were private equity firms

What type of concessions were private equity firms able to get from investment banks during 2006 and the first half of 2007 that normally would not be possible?

  What are the entries to record the tax effects

In 2014, its first year of operations, Kimble Corp. has a $800,000 net operating loss when the tax rate is 30%. What are the entries to record the tax effects

  Financial markets impact businesses

Briefly describe one (1) way the U.S. financial markets impact the economy, one (1) way the U.S. financial markets impact businesses, and one (1) way the U.S. financial markets impact individuals.

  Flip electric began operations in 2012 and provides a one

1. a sales returns and allowances account is not debited if a customer...a. returns defective merchandise.b. recieves a

  Discuss what is the highest price you are willing to pay

what is the highest price you are willing to pay for this investment

  Explain two of the perspectives of the balanced scorecard

Explain TWO of the perspectives of the Balanced Scorecard (BSC), including an example of a suitable performance measure for each perspective.

  Which price elasticity of resource demand is the ratio of

Which price elasticity of resource demand is the ratio of? the percentage change in quantity demanded of the resource to a given percentage change in its price

  Calculate the amount of net income each partner

A. Anna, P. Peter and J. Jackson formed a partnership in 2015. Calculate the amount of net income each partner will receive

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