Business, 22.08.2019 01:20 alexandrecarmene
Elm city contributes to and administers a single‐employer defined benefit pension plan on behalf of its covered employees. the plan is accounted for in a pension trust fund. actuarially determined employer contribution requirements and contributions actually made for the past three years, along with the percentage of annual covered payroll, were as follows: contribution made actuarial requirement amount percent amount percent 2005 $11,000 26 $11,000 26 2004 5,000 12 10,000 24 2003 none none 8,000 20 to record the 2005 pension contribution of $11,000, what debit is required in the governmental‐type fund used in connection with employer pension contributions?
Answers: 1
Business, 21.06.2019 22:10
3. now assume that carnival booked lady antebellum in december 2016 to perform on the june 2017 western caribbean cruise. further assume that carnival pays lady antebellum its entire performance fee of $52,000 on december 28, 2016, for the june 2017 cruise. what journal entry will carnival make on december 28, 2016, for its payment to lady antebellum?
Answers: 1
Business, 22.06.2019 05:30
Suppose jamal purchases a pair of running shoes online for $60. if his state has a sales tax on clothing of 6 percent, how much is he required to pay in state sales tax?
Answers: 3
Business, 22.06.2019 06:50
On january 1, vermont corporation had 40,000 shares of $10 par value common stock issued and outstanding. all 40,000 shares has been issued in a prior period at $20.00 per share. on february 1, vermont purchased 3,750 shares of treasury stock for $24 per share and later sold the treasury shares for $21 per share on march 1. the journal entry to record the purchase of the treasury shares on february 1 would include a credit to treasury stock for $90,000 debit to treasury stock for $90,000 credit to a gain account for $112,500 debit to a loss account for $112,500
Answers: 3
Elm city contributes to and administers a single‐employer defined benefit pension plan on behalf of...
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