Logan White is general manager of valuepoint Salons, during 2018, white worked for th Walsh's federal income tax withheld during 2018 was $1,360 per month, plus $4,826 for the year on l sala year at a S 13,600 monthly salary. He also earned a year-end bonus equal to 15% of henna bonus. State income tax withheld came to $150 per was withheld on the annual earnings (salary and bonus). Walsh authorized the following deductions: Charity Fund contribution of 1% of total earnings and life insurance of$40 per month. month, plus $60 for the year on his bonus. FICA tax Valuepoint Salons incurred payroll tax expense on White for FICA tax. The company also paid state unemployment tax and federal unemployment tax. the year 2018. 1. Compute White's gross pay, payroll deductions, and net pay the nearest dollar.
2. Make the journal entry to record Valuepoint's expense for White's earnings for the year, his deductions, and his net pay.

Consider the following scenarios. use what you have learned to decide if the goods and services being provided are individual, public, or merit goods. for each case, state what kind of good has been described and explain your answer using the definitions of individual, public, and merit goods. (6 points each) 1. from your window, you can see a city block that's on fire. you watch city firefighters rescue people and battle the flames to save the buildings. 2. while visiting relatives, you learn that your cousins attend a nearby elementary school that is supported financially by local property tax revenue. 3. you see a squadron of military jets flying overhead. 4. you find out that your aunt works for a defense manufacturing company that has several defense contracts with the government. she tells you that she works for a team that is producing a communications satellite. 5. your class visits a local jail run by a private, profit-making company that detains county criminals and is paid with tax revenue.

Why does an organization prepare a balance sheet? a. to reveal what the organization owns and owes at a point in time b. to reveal how well the company utilizes its cash c. to calculate retained earnings for a given accounting period d. to calculate gross profit for a given accounting period

Popeye produces 20 cans of spinach in 8 hours. wimpy produces 15 hamburgers in 10 hours. if each hamburger trades for 1.5 cans of spinach, then: a.wimpy’s production and productivity are greater than popeye’s. b.popeye’s production is greater than wimpy’s, but his productivity is less. c.wimpy’s production is greater than popeye’s, but his productivity is less. d.popeye’s production and productivity are greater than wimpy’s.