BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $118,500 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 0.6% and SUTA taxes are 2.9% of the first $7,000 paid to its employee.
Gross Pay through August Gross Pay for September
a. $6,400 $800
b. 18,200 2,100
c. 112,200 8,000
Required:
Prepare the employer’s September 30 journal entries to record salary expense and its related payroll liabilities for this employee.
Answers: 2
Business, 21.06.2019 22:30, ericlawton
Abusiness cycle reflects in economic activity, particularly real gdp. the stages of a business cycle
Answers: 2
Business, 22.06.2019 09:00, episodegirl903
You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer
Answers: 3
Business, 22.06.2019 11:00, xxaurorabluexx
If the guide wprds on the page are "crochet " and "crossbones", which words would not be on the page. criticize, crocodile, croquet, crouch, crocus.
Answers: 1
Business, 22.06.2019 20:30, jessicaisbaehood
Juanita and sam attend a beach party and notice that the local beach appears to have a great deal more trash washed up on shore than it did when they were young. the water doesn't appear nearly as clear, and there seems to be less evidence of small water creatures living in the shallows. an afternoon at the local library convinces them that one major cause is the new factory nearby. after some discussion, they decide their next step should be identifying the cause of the changes identifying the problem picketing the guilty factory lobbying their elected representatives to complain about the problem talking to a local environmental group about solutions
Answers: 3
BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $118,500 paid to its...
Physics, 21.08.2019 20:30
Mathematics, 21.08.2019 20:30
Biology, 21.08.2019 20:30
Mathematics, 21.08.2019 20:30
History, 21.08.2019 20:30
Chemistry, 21.08.2019 20:30
English, 21.08.2019 20:30
Biology, 21.08.2019 20:30