Exercise 10.7 (Algo) Journalizing payroll transactions. LO 10-7 On July 31, the payroll register for White Sales Company showed the following totals for the month: gross earnings, $39,500; social security tax, $2,449.00; Medicare tax, $572.75; income tax, $3,127.24; and net amount due, $33,351.01. Of the total earnings, $31,188.46 was for sales salaries and $8,311.54 was for office salaries. Prepare a general journal entry to record the monthly payroll of the firm on July 31. (Round your final answers to 2 decimal places.)

Cynthia is a hospitality worker in the lodging industry who prefers to cater to small groups of people. she might want to open a

Label each of the following statements true, false, or uncertain. explain your choice carefully. a. workers benefit equally from the process of creative destruction. b. in the past two decades, the real wages of low-skill u.s. workers have declined relative to the real wages of high-skill workers. c. technological progress leads to a decrease in employment if, and only if, the increase in output is smaller than the increase in productivity. d. the apparent decrease in the natural rate of unemployment in the united states in the second-half of the 1990s can be explained by the fact that productivity growth was unexpectedly high during that period.

Which is not true of birthday and/or annual review automatics? a. the purpose is to trigger a telephone call for a face-to-face meeting.b. quarterly automatic contacts decrease cross-sales and lead to reduced referrals.c. you are expected to stay in touch with all your active prospects and clients through two personal contacts each year?