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Basile [38]
3 years ago
7

Journalize the entry for Hot Rod Service using the following data from the payroll register:

Business
1 answer:
Serggg [28]3 years ago
6 0

Answer: See explanation

Explanation:

Debit: Wages and Salaries Expense = $17,273

Credit: Employee Income tax payable = $2,268

Credit: Social Security tax payable = $827

Credit: Medicare tax payable = $194

Credit: Pension plan deduction payable = $711

Credit: Health Insurance premium payable = $807

Credit: Cash (Balancing Figure) = $12,466

Note that wages and salaries expense was calculated as:

= Regular earnings + Overtime earnings

= $16,370 + $903

= $17,273

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When there are a large number of individual accounts with a common characteristic, it is common to place them in a separate ledg
sukhopar [10]

Answer:

A) subsidiary ledger

Explanation:

A subsidiary ledger is a group of similar accounts that all together form a general ledger account.

For example, accounts receivable is a general ledger account that is divided into individual accounts for each customer that owes money to the company for goods or services delivered. The sum of all the individual accounts will be the balance of the general accounts receivable.

8 0
4 years ago
PLEASE HELP !!! <br><br>start with define what is limits of authority, then give examples ​
Nesterboy [21]

Answer:

"Authority limits" are an essential part of the creation of a qualified organization. There are a number of advantages and requirements in setting such limits.

A philosophy scholar who publishes books is an example of authority.

Explanation:

The source of strength is limited authority. The ability to say, "I cannot agree to your offer because the manager does not let me do so or since company policy does not allow you to do so" is an effective way of saying 'no' and of finding out how hard it is for the rest to work to reach a better understanding. One way to simultaneously limit your power and gain power is through corporate limitations.

Authority organizational restrictions are common. Each of us met such limits without much resistance and accepted them. When you next wish to think about or try to make further concessions, tell the other party you should discuss the issue with one or more of your organization's following people:

  • Your boss.
  • Your partner.
  • "Committee" members.
  • One or more of your assistants.
  • One or several of your colleagues.
  • The accountant or the controller.
  • Your lawyer.
  • The banker who loans money for you.
  • Your wife or friend.
  • Managers in other departments such as production, quality, or sales.
  • Your client.
  • Your supplier.

Most negotiators feel uncomfortable with their authority's corporate constraints. I would advise you not to reject these restrictions, but to welcome them. It will facilitate pushing for your desired agreement.

6 0
3 years ago
Social media has evolved in such a way that users expect to use SM applications without paying for them. SM firms want to build
Gelneren [198K]

Answer:

The users of social media have become the product of social media.

Explanation:

The largest source of revenue for social media is advertisement, they use the pay-per-click revenue model. Another source of revenue is by offering users a basic service for free but then charging money for a more complete and advanced premium service.

7 0
3 years ago
A broker moves his office without telling the FREC where he is moving. Two weeks later, a seller comes in and lists his property
FrozenT [24]

Answer:

Yes

Explanation:

In this specific scenario, it can be said that Yes the seller can refuse to pay the broker a commission. This is because the broker's license ceases to be in force when the broker changes his address without notifying the FREC within 10 days. Therefore, since the broker moved and did not notify the FREC where he moved to, and did not register his new address then the seller is within his rights to refuse payment to the broker.

7 0
3 years ago
Suppose you wish to provide an accessor method for a boolean property finished, what signature of the method should be?
Westkost [7]
The answer in this question would be Public boolean is Finished. Wishing to provide an accessor method for your boolean property to finished, the signature of the method should be public boolean is Finished. So the signature you need to make in order to finished the boolean property is public boolean is Finished.
6 0
4 years ago
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