![subject](/tpl/images/cats/ekonomika.png)
Business, 20.02.2020 19:28 abilovessoftball
The payroll register of Seaside Architecture Company indicates $970 of social security and $257 of Medicare tax withheld on total salaries of $16,500 for the period. Federal withholding for the period totaled $4,235.
Required:
Prepare the journal entry for the period’s payroll. Refer to the Chart of Accounts for exact wording of account titles.
CHART OF ACCOUNTS
Seaside Architecture Company
General Ledger
ASSETS
110 Cash
111 Accounts Receivable
112 Interest Receivable
113 Notes Receivable
115 Inventory
116 Supplies
118 Prepaid Insurance
120 Land
123 Building
124 Accumulated Depreciation-Building
125 Office Equipment
126 Accumulated Depreciation-Office Equipment
LIABILITIES
210 Accounts Payable
213 Interest Payable
214 Notes Payable
221 Salaries Payable
222 Social Security Tax Payable
223 Medicare Tax Payable
224 Employees Federal Income Tax Payable
225 State Withholding Tax Payable
226 Federal Unemployment Tax Payable
227 State Unemployment Tax Payable
228 State Disability Insurance
231 Medical Insurance Payable
232 Retirement Savings Deductions Payable
233 Union Dues Payable
234 Vacation Pay Payable
235 Unfunded Pension Liability
241 Product Warranty Payable
242 EPA Fines Payable
243 Litigation Claims Payable
EQUITY
310 Common Stock
311 Retained Earnings
312 Dividends
313 Income Summary
REVENUE
410 Sales
610 Interest Revenue
EXPENSES
510 Cost of Merchandise Sold
520 Salaries Expense
525 Delivery Expense
526 Repairs Expense
531 Rent Expense
533 Insurance Expense
534 Supplies Expense
535 Cash Short and Over
536 Product Warranty Expense
541 Vacation Pay Expense
542 Pension Expense
543 Payroll Tax Expense
544 Federal Income Tax Expense
545 State Income Tax Expense
561 Depreciation Expense-Building
562 Depreciation Expense-Office Equipment
570 Damage Awards and Fines
590 Miscellaneous Expense
710 Interest Expense
Prepare the journal entry for the period’s payroll on December 31. Refer to the Chart of Accounts for exact wording of account titles.
![ansver](/tpl/images/cats/User.png)
Answers: 2
Another question on Business
![question](/tpl/images/cats/ekonomika.png)
Business, 23.06.2019 01:20
The cook corporation has two divisions--east and west. the divisions have the following revenues and expenses: east westsales $ 603,000 $ 506,000 variable costs 231,000 300,000 traceable fixed costs 151,500 192,000 allocated common corporate costs 128,600 156,000 net operating income (loss) $ 91,900 $ (142,000 )the management of cook is considering the elimination of the west division. if the west division were eliminated, its traceable fixed costs could be avoided. total common corporate costs would be unaffected by this decision. given these data, the elimination of the west division would result in an overall company net operating income (loss) of: multiple choice$91,900$(64,100)$(142,000)$(50,100)
Answers: 3
![question](/tpl/images/cats/ekonomika.png)
Business, 23.06.2019 13:10
Barry owns a 50 percent interest in b& b interests, a partnership. his brother, benny, owns a 35 percent interest in that same partnership, and the remaining 15 percent is owned by an unrelated individual. during 2016, barry sells a rental property with a basis of $60,000 to b& b interests for $100,000. the partnership intends to hold the rental as inventory for resale. what is the amount and nature of barry’s gain or loss on this transaction?
Answers: 1
![question](/tpl/images/cats/ekonomika.png)
Business, 23.06.2019 18:00
In financial language, a "quarter" is one quarter of a year, or three months. your annual sales are $123,000. the sales are spread evenly over four quarters except that sales in the last quarter are double any other quarter because of the holidays. what are your sales in the first quarter of the year?
Answers: 3
![question](/tpl/images/cats/ekonomika.png)
Business, 23.06.2019 23:30
The triple jump is a track and field event that requires a performer to run down a runway and then to perform a hop, skip, and jump sequence. the hop, skip, and jump portion sequence of the event is an example of a(n):
Answers: 3
You know the right answer?
The payroll register of Seaside Architecture Company indicates $970 of social security and $257 of M...
Questions
![question](/tpl/images/cats/health.png)
Health, 20.09.2019 10:50
![question](/tpl/images/cats/health.png)
Health, 20.09.2019 10:50
![question](/tpl/images/cats/en.png)
English, 20.09.2019 10:50
![question](/tpl/images/cats/mat.png)
Mathematics, 20.09.2019 10:50
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/biologiya.png)
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 20.09.2019 10:50
![question](/tpl/images/cats/mat.png)
![question](/tpl/images/cats/ekonomika.png)
Business, 20.09.2019 10:50
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/mir.png)
World Languages, 20.09.2019 10:50
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/mat.png)
Mathematics, 20.09.2019 10:50
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/informatica.png)
Computers and Technology, 20.09.2019 10:50
![question](/tpl/images/cats/mat.png)
Mathematics, 20.09.2019 10:50
![question](/tpl/images/cats/istoriya.png)
![question](/tpl/images/cats/biologiya.png)
Biology, 20.09.2019 10:50