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QUESTION 9 The accounting cycle requires three trial balances be done. In what order should they be prepared? a. unadjusted, post-closing, adjusted b.post-closing, unadjusted, adjusted
QUESTION 9 The accounting cycle requires three trial balances be done. In what order should they be prepared? a. unadjusted, post-closing, adjusted b.post-closing, unadjusted, adjusted c. post-closing, adjusted, unadjusted d. unadjusted, adjusted, post-closing QUESTION 10 Mobile Sales has five employees which receive weekly paychecks. Each carns $11.50 per hour and each has worked 40 hours in the pay period. Each employee pays 12% of gross in Federal Income Tax, 3% in State Income Tax, 6% of gross in Social Security Tax, 1.5 % of gross in Medicare Tax, and 1/2% in State Disability Insurance. None of the employees is subject to a ceiling amount for Social Security. What is the amount of Sales Wages Expense? a. 1,771.00 b.2,870.00 c.2,829.00 d.2,300.00 QUESTION 9 The accounting cycle requires three trial balances be done. In what order should they be prepared? a. unadjusted, post-closing, adjusted b.post-closing, unadjusted, adjusted c. post-closing, adjusted, unadjusted d. unadjusted, adjusted, post-closing QUESTION 10 Mobile Sales has five employees which receive weekly paychecks. Each carns $11.50 per hour and each has worked 40 hours in the pay period. Each employee pays 12% of gross in Federal Income Tax, 3% in State Income Tax, 6% of gross in Social Security Tax, 1.5 % of gross in Medicare Tax, and 1/2% in State Disability Insurance. None of the employees is subject to a ceiling amount for Social Security. What is the amount of Sales Wages Expense? a. 1,771.00 b.2,870.00 c.2,829.00 d.2,300.00
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