A business has the following year end payroll information $95,116 Gross salaries and wages Income tax...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A business has the following year end payroll information $95,116 Gross salaries and wages Income tax deducted $20,354 $8,928 $7,678 Employers' pension contributions Employees' pension contributions What is the amount of net wages and salaries paid to employees for the year? A business has the following year end payroll information $95,116 Gross salaries and wages Income tax deducted $20,354 $8,928 $7,678 Employers' pension contributions Employees' pension contributions What is the amount of net wages and salaries paid to employees for the year?
Expert Answer:
Answer rating: 100% (QA)
The amount of net wages and salaries paid to employees can be calculated ... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
Students also viewed these finance questions
-
Start of Payroll Project 7-3a October 9, 20-- No. 1 The first payroll in October covered the two workweeks that ended on September 26 and October 3. This payroll transaction has been entered for you...
-
The first payroll in October covered the two workweeks that ended on September 26 and October 3. This payroll transaction has been entered for you in the payroll register, the employees' earnings...
-
The following additional information is available for the Dr. Ivan and Irene Incisor family from Chapters 1-5. Ivan's grandfather died and left a portfolio of municipal bonds. In 2012, they pay Ivan...
-
Every human being fears to fail. This is the same case with the leaders. Most of the leaders are afraid of some things, but failing is the most feared among all of them. The loss of direction among...
-
Dave has $300 to spend each month on DVDs and CDs. DVDs and CDs both currently have a price of $10, and Dave is maximizing his utility by buying 20 DVDs and 10 CDs. Suppose Dave still has $300 to...
-
Show that the natural period of vertical oscillation of a mass hung on a Hookean spring is the same as the period of a simple pendulum whose length is equal to the elongation the mass causes when...
-
The managers at General Manufacturing Company are considering replacing the industrial lathe used in the companys factory. The companys cost of capital is 12 percent. Required: a. Prepare a relevant...
-
During the year just ended, Shering Distributors, Inc., had pretax earnings from operations of $490,000. In addition, during the year it received $20,000 in income from interest on bonds it held in...
-
Below is a small part of a dataset that includes information on all movies to come out of Hollywood in 2018. How many cases are there? LeadStudio AudienceScore Genre TheatersOpenWeek OpeningWeekend...
-
The G. Saussy Manufacturing company is putting out four new electronic components. Each of Saussy's four plants has the capacity to add one more product to its current line of electronic parts. The...
-
Question 1. Consider a game where you can pay either $2 to flip two coins, or $3 to flip three coins, and where you win a prize depending on the number of heads that show: If three heads show, you...
-
What type of losses can a company incur from actions by a corporate executive if personality?
-
Write C program that will prompt the user for an integer n. If the user has entered a non-integer, the user must be prompted again until he or she enters an integer. If he enters non-integer numbers...
-
A certain portion of all disciplinary actions fails because supervisors do not know how to conduct personnel investigations. Explain the answer to this problem ?
-
Shiraz LTD is a medical production company which has recently decided to add the production of COVID 19 testing kit to its production lines. Kit Components includes the following items: Test...
-
Identify some of the recommended actions that leaders can take to create conditions conducive to learning in an organization.
-
1) You are head of the HR department at Spark industries and you have to decide whether you will use the person-job-fit or person-organization fit approach for selecting a candidate. Please explain...
-
Below is a sample of the data in the file NFLAttendance which contains the 32 teams in the National Football League, their conference affiliation, their division, and their average home attendance....
-
During 2012, Tom sold Sears stock for $10,000. The stock was purchased 4 years ago for $13,000. Tom also sold Ford Motor Company bonds for $35,000. The bonds were purchased 2 months ago for $30,000....
-
Sally hires a maid to work in her home for $250 per month. The maid is 25 years old and not related to Sally. During 2012, the maid worked 10 months for Sally. a. What is the amount of Social...
-
Russell (age 50) and Linda (age 45) Long have brought you the following information regarding their income and expenses for the current year. Russell owns and operates a landscaping business called...
-
Let \(C\) be the positively oriented ellipse \(3 x^{2}+y^{2}=9\). Define \[F\left(z_{0} ight)=\int_{C} \frac{z^{2}+2 z}{z-z_{0}} d z\] Find \(F(2 i)\) and \(F(2)\). [Sketch the ellipse in the complex...
-
Show that for \(g\) and \(h\) analytic functions at \(z_{0}\), with \(g\left(z_{0} ight) eq 0, h\left(z_{0} ight)=0\), and \(h^{\prime}\left(z_{0} ight) eq 0\),...
-
Show that \[\int_{C} \frac{d z}{(z-1-i)^{n+1}}=\left\{\begin{array}{cc} 0, & n eq 0 \\ 2 \pi i, & n=0 \end{array} ight.\] for \(C\) the boundary of the square \(0 \leq x \leq 2,0 \leq y \leq 2\)...
Study smarter with the SolutionInn App