HOGAN THRIFT SHOP PAYROLL REGSTER FOA PEROD ENDNG DEDUCTIONS la) FICA (e) NET PAY TOTAL EVPLOYEE NAME EARNINGS b) 252400 275 00 25 00 3lzlelzs 50 0 56050 50 John, Matthew M Smith, Jennifer Ballen, Catherine Matthews, Mary Hadt, Bonnie Camp, Sean Wilson, llelen Gleason, Josie Tolals Compute the employer's FICA taxes for the pay period ending December 20. OASDI Taxes HI Taxes OASDI taxable carnings $ HI taxable carnings OASDI taxes HI taxes MOT

HOGAN THRIFT SHOP PAYROLL REGSTER FOA PEROD ENDNG DEDUCTIONS la) FICA (e) NET PAY TOTAL EVPLOYEE NAME EARNINGS b) 252400 275 00 25 00 3lzlelzs 50 0 56050 50 John, Matthew M Smith, Jennifer Ballen, Catherine Matthews, Mary Hadt, Bonnie Camp, Sean Wilson, llelen Gleason, Josie Tolals Compute the employer's FICA taxes for the pay period ending December 20. OASDI Taxes HI Taxes OASDI taxable carnings $ HI taxable carnings OASDI taxes HI taxes MOT

Quickbooks Online Accounting

3rd Edition

ISBN:9780357391693

Author:Owen

Publisher:Owen

Chapter3: Setting Up A New Company

Section: Chapter Questions

Problem 3.1C

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. Bryan is a retailer whose Trial Balance at 2020 December 31 is given below:DR CR$ $Purchases and Sales 72 000 119 400Returns 750Carriage Inwards 930Wages and Salaries 27 670General Expenses 4 750Cash at Bank 4 210Cash in Hand 150Premises 62 520Fixtures and Fittings 9 000Inventory at 2020 January 01 5 550Accounts Receivable and Payable 7 200 4 850Motor Vehicle at cost 13 150Provision for Depreciation onMotor Vehicle at 2020 January 01 2 630Capital at 2020 January 01 82 500Drawings 3 000---------- ----------210 130 210 130====== ======The following additional information is available:1. Inventory at 2020 December 31 was valued at $5 200.2. General Expenses of $400 paid for the year 2021.3. A debt of $200 is to be written off as bad.4. Provision is to be made for doubtful debts of 5% on Accounts Receivables (after writing offthe Bad Debt of $200) at 2020 December 31.5. Depreciation is to be provided for 2020 as follows:Fixtures and Fittings at 10% using the straight -line method; Motor…
Please help me do a general journal for this scenario: Master Flow, LLC sold 100 Units of Plumbing Fixtures to Craftsman Custom Builders at$200 /Unit. Master Flow opened a Trade Account for Craftsman. The terms are 2/10,N30. You do some research with the local industry trade group. Uncollectible accountstypically run a 2% of receivables for the Industry. You discuss this with Scott and youagree to establish an allowance using this guidance.
WHat is the employee discount under retail using the LIFO retail method
The answer i need is for this question South Coast Boards Co. is a merchandising business. The account balances for South Coast Boards Co. as of July 1, 2010 (unless otherwise indicated), are as follows: 110Cash$ 63,600 112Accounts Receivable153,900 115Merchandise Inventory602,400 116Prepaid Insurance16,800 117Store Supplies11,400 123Store Equipment469,500 124Accumulated Depreciation—Store Equipment56,700 210Accounts Payable96,600 211Salaries Payable— 310Rocky Hansen, Capital, August 1, 2009555,300 311Rocky Hansen, Drawing135,000 312Income Summary— 410Sales3,221,100 411Sales Returns and Allowances92,700 412Sales Discounts59,400 510Cost of Merchandise Sold1,623,000 520Sales Salaries Expense334,800 521Advertising Expense81,000 522Depreciation Expense— 523Store Supplies Expense— 529Miscellaneous Selling Expense12,600 530Office Salaries Expense182,100 531Rent Expense83,700 532Insurance Expense— 539Miscellaneous Administrative Expense7,800 During July, the last month of the fiscal year,…
Wisconsin Bank lends Local Furniture Company question 40 attached in sss below thanks for help prwhpwohkwtphowkp wtw
Before you begin this assignment, it will be helpful if you review Macy's, Inc. 2015 annual report (https://www.sec.gov/Archives/edgar/data/794367/000079436716000221/m-0130201610k.htm) Macy's, Inc. is a premier retailer in the United States, operating nearly 900 stores in 45 states. Macy's, Bloomingdale's, and Bloomingdale's Outlet are all brands that operate under Macy's, Inc. The company sells a wide range of merchandise including apparel and accessories, cosmetics, home furnishings, and other goods. Macy's, Inc. purchases its merchandise from many suppliers and also develops its own private label brands. Read the requirements: 1. Under the new revenue recognition rules, how will Macy's record and recognize sales revenue? Which financial statement is sales revenue reported on? 2. Macy's, Inc. reported cost of sales of $16,496 million for the year ending January 30, 2016. Which financial statement is cost of sales (also known as cost of goods sold)…
28) MN traders has the purchases of RO 76,500, purchases returns and allowances of RO 1,900, transportation cost of RO 500 and purchase discount of RO 300. Calculate the amount of Net cost of purchases made by the business. a. RO 74,800 b. RO 77,100 c. RO 73,800 d. RO 75,400 Clear my choice
company A issues an invoice upon selling its product to company bBelow is the information extracted from the invoiceprice : $ 100quantity: 50Term: n/3; 2/10date : 2022-oct-10 find the discount amount? and discount period?
22- Which of the following business uses perpetual inventory system? a. Pharmacy b. Tailor c. Cold store (small) d. Barber
South Coast Boards Co. is a merchandising business. the account balances for south coast boards co. as of July 1, 2010 (unless otherwise indicated), are as follows:Check: 8. Net Income 693,800Click here for the SOLUTION110 Cash $63600112 A/R $153900115 Merchandise Inventory $602400116 Prepaid insurance $16800117 Store supplies $11400123 store equipment $469500124 Accum. Depr. --Store equip $56700210 A/P $96600211 Salaries payable $-310 capital stock $100000311 retained earnings, Aug 1 2009 $455300312 Dividends $135000313 Income summary $-410 Sales $3221100411 Sales return and allowances $92700412 Sales discounts $59400510 Cost of merchandise sold $1623000520 sales salaries expense $334800521 advertising expense $81000522 depreciation expense $-523 store supplies expense $-529 misc. selling expense $12600530 Office salaries expense $182100531 Rent Expense $83700532 insurance expense $-539 Misc. Administrative expense $7800During July, the last month of the fiscal year, the following…
7 - Which of the following is the document issued by the self-employed for all kinds of collections in their professional activities?A) INVOICEB) FREE VOCATIONAL RECEIPTC) EXPENSE COMPASSD) CERTIFICATE RECEIPTE) RETAIL SALES RECEIPT
sold good by cash 200 to ali enterprises general journal