Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 27, 2024

#s 9, 10, 11, and 12. Please all of them If a company's gross salaries and wages are St2 and twithholdss1800for income taxes and s800

#s 9, 10, 11, and 12. Please all of them

If a company's gross salaries and wages are St2 and twithholdss1800for income taxes and s800 for FICA taxes the journal entry record the empoyee pay hou O credit to Salories and wages Payable for s9400 O debt to salaries and Woges Payable for S9400 O cred to Selaries ond woges Payoble for $12000 O debr to salaries and wages Expense for s9400

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions

Question

9.76 A Maze Experiment In a maze running study, a rat is run in a T maze and the result of each run recorded. A reward in the form of food is always placed at the right exit. If learning is taking...

Answered: 1 week ago

Question

★★★★★

The payroll register of Ruggerio Co. indicates $10,500 of social security withheld and $2,625 of Medicare tax withheld on total salaries of $175,000 for the period. Federal withholding for the period...

Answered: 1 week ago

Question

★★★★★

Moran owns a building he bought during year 0 for $245,000. He sold the building in year 6. During the time he held the building, he depreciated it by $46,250. What are the amount and character of...

Answered: 1 week ago

Question

★★★★★

. If the spot rate was $0.6955/C$ and the 90-day forward rate was $0.7073/C$, how much more (in US. dollars) would you receive by selling C$1,180,000 at the forward rate than at the spot rate?...

Answered: 1 week ago

Question

★★★★★

Carla Company began operations on January 2, 2019. It employs 11 individuals who work 8-hour days and are paid hourly. Each employee earns 9 paid vacation days and 7 paid sick days annually. Vacation...

Answered: 1 week ago

Question

★★★★★

TAC Industries Inc. sells heavy equipment to large corporations and federal, state, and local governments. Corporate sales are the result of a competitive bidding process, where TAC competes against...

Answered: 1 week ago

Question

★★★★★

Suppose there is sudden increase in preference of chocolates. But the cost of production rises due to rise in the price of milk. Use a demand supply model, to determine what happens to the...

Answered: 1 week ago

Question

★★★★★

Which of the following does NOT illustrate how deviant behavior can impact a company? Employees don't feel safe. The company could face a lawsuit. The company's workforce is unaffected. It may limit...

Answered: 1 week ago

Question

★★★★★

In the figure below, we see that traditional one-person-one-vote (1p1v) majority voting results in an inefficient majority "yes" vote (two in favor, one opposed). Let's see whether the outcome is...

Answered: 1 week ago

Previous Question Next Question