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State and local income taxes
Some states also withhold state income taxes. Texas doesn't. If state withholds taxes, there will be form similar to the federal one to determine the amount withheld from employee's pay.
OTHER DEDUCTIONS Bonds, insurance, union dues, pension plans and many other items may be deducted from employee's pay. This is concluded by every employee and employer.
on 10/15 the academy agreed to teach a four month class (beginning immediately) to an individual for $2,200 tuition per month payable at the end of the class. the class started on
Q. Transactions affecting only the balance sheet? Since every transaction affecting a business entity must be recorded in the accounting records analyzing a transaction before
how to analyze im a beginner
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What does a business owner do when the cash balance approaches zero and there are bills to be paid? (Hint: look at the financing activities of the Cash Flow Statement and then lo
The process of adjusting the bond interest expense account for any premium or discount is called amortization of the premium or discount
Liquidity Ratios (Short Term Solvency Ratios): These Ratios calculate the capability of the firm to meet its current obligations. They point out whether the firm has enough li
ledger is said to be the principal book entry and the transactions can even be directly entered into the ledger account. elaborate on the statement and explain why journal is neces
Why to and by using in journal, trading a/c, p&l a/c and ledger?
Q. What is Accrued expenses? Accrued expenses, accruals -- an expense that has been incurred though not yet paid for.Salaries are a good instance. Employees earn or accrue salar
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