Because it is the end of the calendar year, Tony Freedman knows that, in addition to recording
Question:
Assignment
Transcribed Image Text:
Record the employer's share of payroll benefits for the previous month of November. Refer to the work that you completed for the end of November (Chapter 8) for the details you need to complete this task. Paid the two employees their wages: L. Klumm, 43 hours, and A. Hall, 34 hours (cheques No. 266 and No. 267) Received the balance of the amount due from Vita Needle Company, November 1, 2010, invoice No. 12685. Received invoice No. 4668 from City Newspaper re advertising seasonal specials, due in 30 days, $480 Received December telephone bill from West Bell Canada, $165 Paid the two employees their wages: L. Klumm, 40 hours, and A. Hall, 42 hours (cheques No. 268 and No. 269) Paid telephone bill received November 9, $150 (cheque No. 270) Collected amount owing by Accu Pac, Inc., re November 4 invoice No. 12687 Purchased the remaining goods for resale of a friend's computer sales operation for cash, $7,000 (cheque No. 271) Paid amount due to CRA re November wages, $1,692.56 (cheque No. 272) Paid amount due to System Design Furniture re November 4 Nov. 30 Dec. 6 9 10 11 13 13 13 13 13 16 urchase (its invoice No. 8771), $1,400 (cheque No. 273) Purchased on account from Alpha Office Co., supplies totalling $318, its invoice No. 8161 (purchase order No. 4015), due within 30 days. Paid the two employees their wages: L. Klumm, 34 hours, and A. Hall, 36 hours (cheques No. 275 and No. 276). Billed Carson Engineering Corp. for major project involving 28 ot its computers, $8,750, invoice No. 12688. Paid overdue utilities bill for November and December, $486, to City Electric (cheque No. 277) Paid the two employees their wages to noon today: L. Klumm 32 hours, and A. Hall, 38 hours (cheques No. 278 and No. 279) Because of seasonal factors, these are their final cheques this calendar year (office closed until January 2, 2014) Received $5,495 cash from Augustana Co. for services. Invoice No. 12689 Record the employer's share of payroll benefits for the month of December. Refer to the details of your payroll journal in order to complete this task. 17 20 20 23 24 30 31
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 70% (10 reviews)
PRECISION COMPUTER CENTRE SALES JOURNAL PRECISION COMPUTER CENTRE CASH RECEIPTS JOURNAL PRECISION CO...View the full answer
Answered By
Sandhya Sharma
I hold M.Sc and M.Phil degrees in mathematics from CCS University, India and also have a MS degree in information management from Asian institute of technology, Bangkok, Thailand. I have worked at a international school in Bangkok as a IT teacher. Presently, I am working from home as a online Math/Statistics tutor. I have more than 10 years of online tutoring experience. My students have always excelled in their studies.
4.90+
119+ Reviews
214+ Question Solved
Related Book For
College Accounting A Practical Approach
ISBN: 978-0132564441
11th Canadian Edition
Authors: Jeffrey Slater, Brian Zwicker
Question Posted:
Students also viewed these Accounting questions
-
It is the end of 2013. The All-Fixed Company began operations in January 2012. The company is so named because it has no variable costs. All its costs are fixed; they do not vary with output. The...
-
The scenario: Croton City started its calendar year 2013 with the following General Fund balances (all numbers are in thousands of dollars). Croton has adopted the following budgetary and accounting...
-
In January 2016, Anna Clair started Warmers, a business manufacturing ladies' scarves. Clair was so busy with the manufacturing side of the business that she did not take time to set up detailed...
-
Who was the petitioner? Who was the respondent? b. In what year was the case heard? c. What tax years did the case address? d. Who was the judge in the case? e. What was the basic issue in the case?...
-
Battery life between charges for the Motorola Droid Razr Maxx is 20 hours when the primary use is talk time (The Wall Street Journal, March 7, 2012). The battery life drops to 7 hours when the phone...
-
Is it wrong for a team leader to allow the formation of in-groups and out-groups in his or her relationships with team members?
-
Following in random order are the four steps for evaluating a capital expenditure: Required: In the space provided, indicate a logical sequence of the steps for evaluating a capital expenditure. a....
-
The Chen Company is considering the purchase of a new machine to replace an obsolete one. The machine being used for the operation has both a book value and a market value of zero; it is in good...
-
Convers Corporation (calendar year-end) acquired the following assets during the current tax year: (ignore $179 expense and bonus depreciation for this problem): (Use MACRS Table 1. Table 2 and Table...
-
The accompanying graph shows five points on a firm?s expansion path when the price of labor is $25 per unit and the price of capital is $100 per unit. From this graph, fill in the blanks in the...
-
The Tidy Tax Return Co. employs 50 extra people for the period February 1 through April 30 each year in order to process a large volume of tax returns. Each employee receives $10 per hour and works...
-
Explain how PST differs from GST/HST.
-
Consider the long, straight, current-carrying wires shown in FIGURE 22-49. One wire carries a current of 6.2 A in the positive y direction; the other wire carries a current of 4.5 A in the positive x...
-
Operating systems have many roles and functions because they provide an interface between the user and the computer. Identify and summarize 7 roles or functions that the operating system performs.
-
Below is a chart showing the closing price of App Inc. stock between January 2018 and April 2018. Although it may look like Apple's stock dropped dramatically in value in February 2018 (from about...
-
Assume that Golden Corp. reported net income of $19,200 for the year ended December 31 with no discontinued operating business components. Weighted average common shares outstanding for the year for...
-
In Unix /Linux can you show commands from your command line ? 1. Make a directory 'find_man_pages' under your home. 2. Change your directory to find_man_pages 3. Redirect the...
-
1.) The Godless Constitution addresses concerns the US Constitution is the secularist degree allows between the religious and governmental spheres. 2.) What the Constitution" Godless" by the...
-
In Problems 8 11, graph each polynomial function by following Steps 1 through 5 shown below. f (x) = (x 1) 2 (x + 3)(x + 1) Steps for Graphing a Polynomial Function STEP 1: Determine the end...
-
You are standing at x = 9.0 km and your assistant is standing at x = 3.0 km. Lightning bolt 1 strikes at x = 0 km and lightning bolt 2 strikes at x = 12.0 km. You see the flash from bolt 2 at t = 10...
-
From the following, calculate departmental income before tax. Assume a tax rate of30%. Dept. A Dept. B Net Sales Cost of Goods Sold Delivery Expense Advertising Expense Depreciation Expense $4,400...
-
Calculate the contribution margin for each department and income before taxes, based on thefollowing: Dept. A 1,600 square feet Dept. B 2,400 square feet $11,000 5,900 $6,200 Net Sales Cost of Goods...
-
The cost of rent of $10,000 for Leak Company is appropriated to each department based on its sales. Given the following, assign the cost of rent to eachdepartment: Jewelry Hardware Automotive Sals...
-
Green LTD has net sales of $1,642,500, a beginning balance of net receivables of $187,500, and an ending balance of net receivables of $235,500 has a days' sales in receivables (rounded) of: Group of...
-
In chapter 35, how are costs associated with ERM implementation taken into account? Question 20 options: A) They are disregarded due to the commitment of the board to ERM B) Costs always drive the...
-
A company's lag indicators are Blank______. Multiple select question. measures of final outcomes of earlier management decisions key financial measures more useful for performance management and...
Study smarter with the SolutionInn App