What are the Conditions for Accrual of Paid Future Absences?

Q: what are payroll deductions

A: Payroll deductions are the amounts which are mandatorily or voluntarily deducted by the employer…

Q: What is the amount of the required annual deposit?

A: Here we have been give the following information              Funds required at the end of January…

Q: __ is the interest earned at the end of the alloted time between the lender and the borrower.

A: Step 1 Interest is calculated as a percentage of the loan amount (or deposit) and is paid to the…

Q: If interest-bearing obligations are issued between interest payment dates, the accrued interest sold

A: Interest-bearing obligation- It refers to a Debt instrument issued by the company, where repayments…

Q: Rent payments that are processed through a third-party net work after March 11, 2021, should be…

A: GIVEN   Rent payment that are proceed through a 3rd party network after March 11,2021 should be…

Q: What is taxation? Are there any benefits to filing early? And what happens if I file after the…

A: Taxation is defined as the means through which the tax authorities and the government imposes the…

Q: calculate samsam salary after deductions

A: Salary after deduction can be calculated by subtracting the total deductions claimed during the…

Q: what should be withheld from a bonus in the year it is paid?

A: Explanation and correct answer is given below,

Q: What is the requirement for the accrual of a sick pay? earning accumulation no accrual vesting

A: Solution: Requirement of accrual of sick pay is "It shoud meet the criteria for compensated…

Q: What is the income under accrual basis?

A: Accrual basis is method used by the company to record its transaction in the books. In this method,…

Q: What is the rule concerning contingent fees for a covered member?

A:

Q: The discount allowed to a debtor for early payment is

A: Debtors :- Debtors are the person to whom goods and services are sold on credit.

Q: ayment made by the lessee to the lessor? A. None of the above B. If the advance payment representing…

A: A lessee is someone who rents property or land from a lessor. The lessee, sometimes known as the…

Q: Rent collected in advance shall be taxable when earned.

A: Meaning of Rent Received in Advance Rent Received in Advance is the amount of rent which is received…

Q: How do defreinciate between a accured income and prepaid income

A: Introduction: Accruals: Transactions recorded in the books but not yet received or paid cash called…

Q: How can we determine the amount of a periodic payment?

A: The amount of periodic payment is determined using the following formula:

Q: a. What amount of income should be reported for the current year if the percentage of completion…

A: Formula: Revenue Recognized=  Cost Incurred to DateEstimated Total Cost×Contract Price-Revenue…

Q: What is the adjusted net income/loss in 2021? For net loss please put minus sign before the amount…

A: The net income for 2018, 2019 & 2020 has been provided. So the adjusted income/loss of the said…

Q: What is the period of deferment of a deferred annuity?

A: Solution- Deferred Annuity-                 A deferred regular payment is a contract with an…

Q: How is the interest earned on the principal amount calculated at the end of each interest period?

A: The interest calculation will be different based on the mode of interest. The amount of interest can…

Q: How much is the contract revenue to date in the year 2019? (In a good accounting form)

A: A company has to recognize revenue and expenses in the year they are earned and incurred,…

Q: Give

A:

Q: Which of the following transactions would not result in a temporary difference between pretax…

A: Correct option is D. Payment of premiums for life insurance

Q: What is the unadjust

A: After audit certain item related to income and expenditure left to be adjusted in the books of…

Q: What is unearned income ,income recived  in advance ?

A: Unearned income or Income received  in advance: Earned revenue that represents to a future…

Q: amount to be paid in full settlement

A: FOB that is Free on Board is defined as the shipping term for the sale and purchase of goods. Under…

Q: Is the following statement true or false? The deposits or payments are made at the end of the period…

A: Annuity is the fixed amount of investment, payment or deposit which is made at regular intervals.…

Q: What amount should be reported as premium expense for the current year?

A: Premium (Gift) means the product given free of cost to the customer on fulfilling the certain…

Q: Under what circumstances would an accrual

A: Interest on promissory notes: Interest on the promissory note is a return to the person lending the…

Q: Is deferred liabilities are payroll related liability?

A: A conceded charge responsibility is a duty that is evaluated or is expected for the current time…

Q: How much are the deductible expenses for temporary business travel away from home?

A: If you travel away from home overnight on business, you can deduct these travel expenses: Airline,…

Q: e contract revenue yo da

A: The percentage of completion method is a method of recognizing revenue of long-term contract or…

Q: What formula is used to “gross-up” supplementalpayments in order to cover the taxes on the…

A: The term "gross-up payroll" indicates a rise in basic pay that is done on purpose in order to lower…

Q: Explain why we record interest in the period in which we incur it rather than in the period in which…

A: Given: The record of interest in the incurred period rather than the period of payment.

Q: a. O'Brien's disposable earnings b. The amount of her pay subject to the garnishment

A:

Q: how do an annual bonus paid at year end be treated under IAS 34 and how does this treatment differ…

A: International Accounting Standard( IAS) is one of the older accounting standards which is issued by…

Q: What is the permanent difference between pretax accounting income and taxable income?

A: A permanent difference is a difference between pretax financial income and taxable income in an…

Q: What is the relationship of the promissory note between the maker and the payee?

A: A note of hand can be a financial instrument that contains a written promise by one party (the…

Q: Questions: . How much is Mr. Quiton's gross earnings? . How much is his total deductions? - After…

A: solution given basic salary 15532 Allowances 1000 Deductions      Social…