Answer:
The answer is below
Explanation:
While different state has different requirements and rates for reporting sales tax. Sales tax items are simply used to know specific rates charged to your customers and the tax authority vendor to which you remit the sales tax.
Hence the information that is needed to set up sales tax in QuickBooks Online for a client who only does business in their home state includes the following: information that is needed to set up sales tax in QuickBooks Online for a client who only does business in their home state includes the following:
1. The company's address
2. Start date of the current tax period.
3. Estimated periodic time to file a tax return
4. Start date of collecting sales tax for the agency
5. Tax rates authority charges.
6. Sales tax item.
7. Sales tax name for the sales tax item
Pablo Management has five part-time employees, each of whom earns $250 per day. They are paid on Fridays for work completed Monday through Friday of the same week. Near year-end, the five employees worked Monday, December 31, and Wednesday through Friday, January 2, 3, and 4 New Year's Day. (January 1) was an unpaid holiday.
1. December 31 Wages expense (debit) 1250
Wages Payable (credit) 1250
2. January 4 Wages expense (debit) 3750
wages payable (debit) 1250
Cash (credit) 5000
<h3>What are Wages?</h3>
A wage is the sum of money that an employer pays an employee for work that was completed within a certain time frame. The minimum wage, prevailing rate, annual bonuses, and remunerative rewards like prizes and tip payments are a few examples of wage payments.
A person's pay is the sum of money that is routinely given to them in exchange for the labour that they perform. He now makes more money.
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Answer:
The Annual Growth Rate of the country's real GDP per capita during these 10 years is 7.18%.
Explanation:
The formula that is used to calculate Annual Growth Rate over a number of years is given below:
{ [ (New Value / Old Value) ^ (1 / n) ] - 1 } * 100
where
New Value = 18,000
Old Value = 9,000
n = Number of Years: In this case. 2000 - 1990 = 10 years.
Answer:
d. Products sold by a firm.
Explanation:
Combination of products sold in relation to total products sold by the firm.
A firm can have any number of products and the proportion of each product in relation to the total number of units sold of all products together is the sales mix. For example a firm with 2 products sells P1 4000 units and P2 6000 units the sales mix then would be P1 40% and P2 60%. Therefor option D) is the right choice and accurate definition of a sales mix.
Hope that helps.
The final stage in the personal selling process is referred
to as the follow-up stage.
Professional selling does not end with the closing of a
sale, it further requires customer follow-up. In the follow-up stage, it is
ascertained that the customer's purchase has been properly executed and that difficulties
experienced with the use of the item are attended to.
