Using money to try to make more money is called

Yams unlimited has total payroll of $60,000 for the month of September the income taxes to be withheld or $12,000 and FICA taxes

andrew-mc [135]

Answer:

Dr Salaries expense 60,000

CrIncome tax payable 12,000

CrFICA tax payable 4,590

Cr Salaries payable 43,410

Explanation:

Preparation for the journal entry that Yams should record for the payroll

Dr Salaries expense 60,000

Cr Income tax payable 12,000

Cr FICA tax payable 4,590

Cr Salaries payable 43,410

[60,000-(12,000+4,590)]

(60,000-16,590)

=43,410

(Being to record the payroll amount)

3 0

3 years ago

Based on this module's readings and your own independent research, develop a listing of what you believe are the most important

steposvetlana [31]

Answer:

The definition becomes defined in the clarification section below, as per the particular circumstance.

Explanation:

Meeting customer expectation:

This metric of success would reflect just how much the clients are represented. It will represent the quality of the service of the business and will provide them with crucial input. This metric would help the organization address the trouble areas. If the degree of customer loyalty rises, sales will also rise because more and more clients enjoy the company’s products or services.
This would also show the pattern of clients as well during the company's measures to handle the issue.

Productivity:

This is a significant parameter that indicates how much is expended on activities and whether the business gets in exchange. It extends from financial return with the introduction of new goods from marketing and distribution activities to return on invested capital. Productivity is closely linked to organizational financial efficiency.
When productivity rises, profits rise as well. In terms of their historical and present performance, data analytics can help to decide how and why the multiple fields work.

Cash flow:

It explains how well the cash flows within and without the organization. If the business later collects reimbursement from consumers but earlier pays its vendors, then it suggests significant operating inefficiency.
These efficiencies should be worked out by the organization to minimize operational expenses and preserve favorable cash flow to boost the company's financial well-being.

6 0

3 years ago

Assume a central bank follows a rule that requires it to take steps to keep the price level constant. If the long run price leve

Gre4nikov [31]

Answer:

a) the central bank would have to decrease the money supply which would decrease output.

Explanation:

In the case when the long run price would fall due to the reduction in the aggregate demand and there is a rise of short run aggregate supply so the central bank would have to reduce the money supply due to this it automatically reduced the output as it shows the direct relation between the money supply and the output

Therefore the correct option is a.

4 0

3 years ago

Kristina has to deliver twenty 100-word marketing "blurbs" by the end of the week. Which of the following aspects of her project

maw [93]

A is the right answer

8 0

3 years ago

Read 2 more answers

If Dakota Company issues 1,500 shares of $6 par common stock for $75,000,

HACTEHA [7]

Answer:Option C Paid-In Capital in Excess of Par will be credited for $66,000

Explanation:

Given

No of shares 1,500

Par value $6

Common stock $75,000

Par value of stock = No of shares x Par value

=1500 x 6

=9,000

Excess paid in capital = Common stock - Par value

=75000-9000

=$66,000

So the Paid in capital which is excess of par value will be credited. It can also be termed as the market value of the shares. Par value will be mentioned in the share document. When there is additional paid in capital it is a credit balance in company accounts.

5 0

3 years ago