subject
Business, 09.11.2019 00:31 lucretiak74

Caribbean tours’ total payroll for the month of january was $600,000. the following withholdings, fringe benefits, and payroll taxes apply: federal and state income tax withheld $60,000health insurance premium paid by employer (bluecross) 10,800contribution to retirement plan paid by employer (fidelity) 24,000fica tax rate (social security and medicare) 7.65%federal and state unemployment tax rate 6.20%assume that none of the withholdings or payroll taxes has been paid by the end of january (record them as payables), and no employees’ cumulative wages exceed the relevant wage bases.1. record the employee salary expense, withholdings, and salaries payable.2. record the employer-provided fringe benefits.3. record the employer payroll taxes.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:30
Max fischer is a beekeeper. his annual group insurance costs 11,700. his employer pays 60% of the cost. how much does max pay semimonthly for it?
Answers: 1
question
Business, 21.06.2019 22:40
wilson's has 10,000 shares of common stock outstanding at a market price of $35 a share. the firm also has a bond issue outstanding with a total face value of $250,000 which is selling for 102 percent of face value. the cost of equity is 11 percent while the preminustax cost of debt is 8 percent. the firm has a beta of 1.1 and a tax rate of 34 percent. what is wilson's weighted average cost of capital?
Answers: 3
question
Business, 22.06.2019 09:30
Darlene has a balance of 3980 on a credit card with an apr of 22.8% paying off her balance and which of these lengths of time will result in her paying the least amount of interest?
Answers: 2
question
Business, 22.06.2019 22:20
Which of the following is correct? a. a tax burden falls more heavily on the side of the market that is more elastic.b. a tax burden falls more heavily on the side of the market that is less elastic.c. a tax burden falls more heavily on the side of the market that is closer to unit elastic.d. a tax burden is distributed independently of the relative elasticities of supply and demand.
Answers: 1
You know the right answer?
Caribbean tours’ total payroll for the month of january was $600,000. the following withholdings, fr...
Questions
question
Mathematics, 28.09.2020 14:01
question
History, 28.09.2020 15:01
question
Business, 28.09.2020 15:01
Questions on the website: 13722363