Question
1. What are the differences between an employee and an independent contractor?With the various benefits and extra tax burdens, would you rather be an independent
1. What are the differences between an employee and an independent contractor?With the various benefits and extra tax burdens, would you rather be an independent contractor or an employee, and why?Do you think it is beneficial for employers to hire employees or independent contractors?
2. P9-9B WORKER COMPENSATION INSURANCE AND ADJUSTED Multnomah manufacturing estimated that its total payroll for the coming year would be $540000 the worker?s compensation insurance premium rate is 0.2%.
1. calculate the estimated worker?s compensation insurance premium and prepare the journal entry for the payments as of January 2, 20...
2. Assume that Multnomah manufacturing actual payroll for the year was $562000. Calculate the total insurance premium owned and prepare a journal entry as of December 31, 20..., to record the adjusted for the underpayment. The actual payment of the additional premium will take place in January of the next year.
3. Assume instead that Multnomah manufacturing actual payroll for the year was $532000, Prepare a journal entry as of December 31, 20... for the total amount that should be refunded. The refund will not be received until the next year .
Please I need this two question and The second question is need to do on World excel , I put on the attach file for question 2.
Problem 9-9B 1) General Journal Page 1 Date Description Post Ref. Debit Credit 2) General Journal Page 1 Date Description Post Ref. Debit Credit 3) General Journal Page 1 Date Description Post Ref. Debit CreditStep by Step Solution
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