Answer:
$2,118.64 and 4.24%
Explanation:
The computation is shown below:
Data given in the question
Earning in 2015 = $50,000
CPI in 2015 = 236
CPI in 2016 = 246
So, the earning in 2016 is
= Earning in 2015 × CPI 2016 ÷ CPI 2015
= $50,000 × 246 ÷ 236
= $52,118.64
So, the raise amount is
= $52,118.64 - $50,000
= $2,118.64
And, the percentage is
= $2,118.64 ÷ $50,000 × 100
= 4.24%
Answer:
Just answer questions to even out how many questions u can look up.
Explanation:
Hope this helps!
Answer:
What are the two primary ways you can make tax payments? You can make tax payments by having it set up to be automatically withdrawn from your bank account, or you can pay your taxes directly by sending in a check or calling to set up a payment arrangement on the taxes owed.
What is one other way you can pay? The other way to pay your taxes is to have your refund directly sent to them until your balance is paid in full.
3- If you can’t pay immediately, what is one course of action you can take? What are the criteria?
Again, one course of action to pay your taxes is to have your refund directly sent to bureau that you owe. The criteria is that you get penalized and the state can charge you extra interest rate fees if not paid by a certain time
Explanation:
Answer:
Correct option is (d)
Explanation:
Purchase returns is a contra account which is related to purchases. Some part of purchases are returned due to many reasons such as receipt of defective goods or goods are not needed anymore. In such cases, a contra journal entry is passed in the books of both supplier and purchaser.
Following entry is passed in the books of the purchaser if goods were purchased on account:
Particulars Debit Credit
Accounts payable P2,000
Purchase returns and P2,000
allowances
(To record purchase returns)
The initial entry passed when purchases were made was"
Particulars Debit Credit
Purchases P2,000
Accounts payable P2,000
(To record purchases made
on account)
The above is reversed when purchases are returned.
So, the firm will debit accounts payable.
