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ValentinkaMS [17]
3 years ago
13

Quintina decided to increase the deduction percentage of her federal income tax rate from 14% to 16%. Quintina’s gross pay per m

onth is $2,100. Her deductions before the change are listed in the table.
Business
2 answers:
AveGali [126]3 years ago
5 0

Answer:

The answer is $1555

Explanation:

If you add all of the deductions from the table, then you will get an amount that has a tax of 14%. You should  change that to 16% Then you will get $1555. Their is your answer! Click five stars please if you agree

lora16 [44]3 years ago
4 0
Since you gave no table,

her federal income in 14 % Rate = 14 % x 2,100
                                                         = $ 294

Her federal tax in 16 % Rate = 16 % x 2,100
                                                 =  $ 336
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Answer and Explanation:

The journal entries are shown below:

1. Equipment Dr $21,300

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(Being the equipment is purchased for cash)

For recording this we debited the equipment as it increased the assets and credited the cash as it reduced the assets

2. Cash Dr $6,100

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(Being the cash received is recorded)

For recording this we debited the cash as it increased the assets and credited the service revenue as it increased the revenue

3. Rent expense $900

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(Being the rent is paid)

For recording this we debited the rent expense as it increased the expenses and credited the cash as it reduced the assets

4. Office supplies Dr

        To Account payable

(Being the office supplies purchased on account)

For recording this we debited the office supplies as it increased the assets and credited the account payable as it increased the liabilities

5. Salaries expense

           To cash

(Being the salaries paid is recorded)

For recording this we debited the salaries expense as it increased the expenses and credited the cash as it reduced the assets

5 0
4 years ago
When might the exchange rate affect you most directly?
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Answer: answer d seem more likly because you   have then traveld to another country

Explanation:

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The improvement in the value of the objective function per unit increase in a right-hand side is the a. sensitivity value. b. du
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Answer:

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I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

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