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FICA Tax (Social Security)
Both the employee and the employer contribute equally.
OASDI has a Taxable Wage Base that is the maximum amount of earnings during a calendar year that is subject to OASDI taxes.
($102,000) tax rate is 6.2% for the first $102,000 earned.
HI has no maximum amount, and hence all earnings are subject to HI. Tax rate is 1.45% of all earnings.
Sales taxes and Schedule of accounts receivable Schedule of accounts receivable Accounts Receivable and individual accounts should match. Only accounts which have
Why is it important for accounting information to be accurate and timely?
Why to and by using in journal, trading a/c, p&l a/c and ledger?
what is peacemeal districbution ..
Q. Show the company's Balance sheet? Balance sheet the balance sheet Exhibit contains the liabilities, assets and stockholders' equity items taken from the work sheet. Note tha
Q. Explain about closing process? Expense, revenue and dividends accounts are nominal (temporary) accounts that are merely sub classifications of a real (permanent) account Ret
the spelling of number is different than code
pls explain expenses incurred
Cartwright inc has $1,000,000 of 10% bonds outstanding on December 31, 20x8. On January 1, 20x9 adams corp and 80% owned subsidiary of Cartright, inc purchases a $250,000 part of c
Q. Measurement in financial statements? In December 1984 the FASB issued Statement of Financial Accounting Concepts No. 5 The Recognition and Measurement in Financial Statement
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