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4 years ago

What is a example of a withholding you might see on your pay stub?

1 answer:

Studentka2010 [4]4 years ago

4 0

This is called the withholding tax or income tax. Every employee has to pay tax for every income made which is directly credited by the employer for the government. Withheld tax within the year is reflected in the Income tax return alongside with other income and assets where then you can apply for exceptions or discounts. If withheld tax is over the supposed tax then it will be refunded.

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Maple Moving Company has provided you their unadjusted account balances to before year-end adjustments. The Controller has asked

Neko [114]

Question Completion:

Interest owed but not yet paid: 10,800

Supplies on hand: 15,000

Truck depreciation expense 35,200

Unpaid wages earned by employees: 3,500

Unearned revenue that has been earned: 2,000

Answer:

Maple Moving Company

Trial Balance

As of December 31, 2016

Unadjusted Adjustments Adjusted

Trial Balance Trial Balance

DR. CR. DR. CR. DR. CR.

Cash 62,500 62,500

Accounts Receivable 51,000 51,000

Supplies 67,600 52,600 15,000

Trucks 176,000 176,000

Accumulated Depreciation 17,600 35,200 52,800

Accounts Payable 37,500 37,500

Interest Payable - 10,800 10,800

Wages Payable - 3,500 3,500

Unearned Revenue 6,600 2,000 4,600

Notes Payable 100,000 100,000

Common Stock 66,000 66,000

Retained Earnings 23,400 23,400

Service Revenue 167,000 2,000 169,000

Wages Expense 61,000 3,500 64,500

Supplies Expense - 52,600 52,600

Depreciation Expense - 35,200 35,200

Interest Expense - 10,800 10,800

Totals $418,100 $418,100 $104,100 $104,100 $467,600 $467,600

Explanation:

a) Unadjusted Trial Balance

As of December 31, 2016

Cash 62500

Accounts Receivable 51000

Supplies 67600

Trucks 176000

Accumulated Depreciation 17600

Accounts Payable 37500

Interest Payable -

Wages Payable -

Unearned Revenue 6600

Notes Payable 100,000

Common Stock 66000

Retained Earnings 23400

Service Revenue 167000

Wages Expense 61000

Supplies Expense -

Depreciation Expense -

Interest Expense -

6 0

3 years ago

Office Palace, Inc., leased an all-in-one printer to a new customer, Ashley, on December 27, 2018. The printer was to rent for $

wel

Answer:

d. $1,200 in 2017, if Office Palace is an accrual basis taxpayer

Explanation:

The unearned income, such as rent is generally taxed in the year in which it was received regardless of the accounting method the tax payer uses and her Office Palace, Inc. received rent for first and last month of $ 600 each on December 27,2017 so it need to recognised as lease income for the year 2017 .

3 0

4 years ago

________ one of seven Ps included in services marketing because of the inseparability in the creation and delivery of the custom

mihalych1998 [28]

Answer:

The correct answer is "People are"

Explanation:

Unlike in item promoting and in service marketing individuals assume a significant job in forming the clients' involvement in the service. Additionally, the four Ps utilized in item advertising - Product, Price, Place, Promotion, there are three extra Ps utilized in Service Market - People, Process and Physical proof. In service promoting, individuals are an indistinguishable part from the service they give. The manner in which an assistance is made and conveyed makes an immense effect on the client support understanding. For instance, in an eatery, both nourishment thing and the individual offering the support are indistinguishable and shapes the client experience of eating in the café.

5 0

3 years ago

"judith supervises a call center department that receives stress-producing calls from unhappy customers. turnover has increased

ICE Princess25 [194]

Judith is likely demonstrating the leadership style called affiliative. This leadership style tends to focus more on the people as a way of establishing or building relationships or to be able to communicate or understand the people associated with the certain task or problem.

7 0

3 years ago

Which of the following is a cloud computing element that gives a service provider the ability to dynamically allocate shared phy

a_sh-v [17]

Answer:

B. Resource pooling.

Explanation:

-On-demand means that clients can get the service when and where they need it.

-Resource pooling refers to grouping resources to provide the service to different customers in a way in which the resources are assigned according to the demand of each client.

-Measured Service is when a company monitors the service that is providing for different purposes like billing.

-Rapid Elasticity is the ability that the company providing the service has to modify the resources according to the demand.

According to the definitions, the answer is that the cloud computing element that gives a service provider the ability to dynamically allocate shared physical resources to multiple customers based on each customer's usage demand is resource pooling.

4 0

3 years ago