Business
Business, 05.05.2020 23:09, urgurlkitty

During January, the following selected transactions occurred.
Jan. 5 Sold merchandise for cash totaling $20,520, which includes 8% sales taxes. 12 Performed services for customers who had made advance payments of $12,000. (Credit Service Revenue.)
During January, the company’s employees earned wages of $52,000. Withholdings related to these wages were $3,978 for Social Security (FICA), $5,686 for federal income tax, and $1,706 for state income tax. The company owed no money related to these earnings for federal or state unemployment tax. Assume that wages earned during January will be paid during February. No entry had been recorded for wages or payroll tax expenses as of January 31.
Journalize the January transactions.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 18:30, harleyandpope90
Which of the following accurately describes one way that individual goods differ from public goods? a. people can be excluded from using individual goods if they don't pay. b. all individual goods are normal goods. c. demand for individual goods is always inelastic. d. consumer rivalry results in decreasing marginal utility for individual goods.2b2t
Answers: 3
image
Business, 22.06.2019 08:30, justalikri
Most angel investors expect a return on investment of question options: 20% to 25% over 5 years. 15% to 20% over 5 years. 75% over 10 years. 100% over 5 years.
Answers: 1
image
Business, 22.06.2019 08:30, Naomi7021
Conor is 21 years old and just started working after college. he has opened a retirement account that pays 2.5% interest compounded monthly. he plans on making monthly deposits of $200. how much will he have in the account when he reaches 591 years of age?
Answers: 2
image
Business, 22.06.2019 13:30, austinmiller3030
If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?
Answers: 2
Do you know the correct answer?
During January, the following selected transactions occurred.
Jan. 5 Sold merchandise for cas...

Questions in other subjects:

Konu
Mathematics, 09.11.2019 22:31
Konu
Social Studies, 09.11.2019 22:31
Konu
English, 09.11.2019 22:31