subject
Business, 03.11.2019 18:31 kvivas54

Following are some transactions and events of business solutions. feb. 26 the company paid cash to lyn addie for eight days' work at $135 per day. mar. 25 the company sold merchandise with a $2,032 cost for $2,930 on credit to wildcat services, invoice dated march 25. required: 1. assume that lyn addie is an unmarried employee. her $1,080 of wages are subject to no deductions other than fica social security taxes, fica medicare taxes, and federal income taxes. her federal income taxes for this pay period total $108. compute her net pay for the eight days' work paid on february 26. 2. record the journal entry to reflect the payroll payment to lyn addie as computed in part 1. 3. record the journal entry to reflect the (employer) payroll tax expenses for the february 26 payroll payment. assume lyn addie has not met earnings limits for futa and suta (the futa rate is 0.6% and the suta rate is 4% for the company). 4. record the entries for the merchandise sold on march 25 if a 4% sales tax rate applies.

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 18:10
Panera bread is a chain of cafes serving sandwiches, soups, and freshly baked breads. the company began in 1981 with stores primarily located along the east coast of the united states. since then, the firm has expanded to over 1,300 locations throughout the united states and canada. the firm has strong earnings and has been designated by business week as a "significant growth company." panera bread executives are considering the idea of expanding globally by opening cafes in asia through a franchising strategy. which of the following, if true, supports the argument that panera bread should expand into asia through franchising? a: the panera bread menu changes rapidly, and each cafe's artisan bread bakers receive regular training on new recipes. b: panera bread executives want fast access to the asian market without a significant investment of capital. c: panera bread executives want to test the asian market with a short-term commitment that allows them to make quick profits. d: the panera bread mission is to make excellent bread available to customers around the world.
Answers: 2
question
Business, 21.06.2019 20:20
Aproduction order quantity problem has a daily demand rate = 10 and a daily production rate = 50. the production order quantity for this problem is approximately 612 units. what is the average inventory for this problem?
Answers: 1
question
Business, 21.06.2019 22:30
What is the connection between digital transformation and customer experience
Answers: 2
question
Business, 21.06.2019 23:30
Afreelance​ singer-songwriter is planning the restoration of a recently purchased civil​ war-era farmhouse. while he professes an enjoyment​ of, and talent in the construction​ trades, the theory of comparative advantage implies that a. the value of what he imports​ (in this​ case, professional contractor​ services) must equal the value of what he exports​ (songs). b. he should concentrate on the restoration work since his​ out-of-pocket costs will be much lower than if he hires professionals. c. ​self-sufficiency is​ advantageous, hence he should split his time between music and construction. d. the income lost while away from music will likely exceed the savings realized by doing the work​ himself, thus, he should hire professionals to do the restoration work. e. he ought to do as much of the work himself as possible since imports​ (in this​ case, professional contractor​ services) should always be restricted to those things that cannot be done internall
Answers: 2
You know the right answer?
Following are some transactions and events of business solutions. feb. 26 the company paid cash to l...
Questions
question
Mathematics, 13.11.2019 17:31
question
Biology, 13.11.2019 17:31
question
English, 13.11.2019 17:31
question
Mathematics, 13.11.2019 17:31
question
Mathematics, 13.11.2019 17:31