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Alekssandra [29.7K]
2 years ago
13

Companies may use a special bank account solely for the purpose of paying employees, by depositing an amount equal to the total

employees' net pay into the account each pay period and drawing the employees' payroll checks on the account. This account is a(n):_________
a) Payroll bank account.
b) Federal depository bank account.
c) Payroll register account.
d) Employee's Individual Earnings account.
e) Employees' bank account.
Business
1 answer:
Citrus2011 [14]2 years ago
3 0

Answer:

A) Payroll bank account.

Explanation:

A payroll account can be regarded as

separate bank account that is been set up strictly for payroll. To avoid lumping all the expenses of the business in an account, the employee wages will be paid using the payroll bank account.

net wages of the employee will only be deposited in this account.It should be noted that Companies may use a special bank account solely for the purpose of paying employees, by depositing an amount equal to the total employees' net pay into the account each pay period and drawing the employees' payroll checks on the Payroll bank account.

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In 2008 approximately what percent of the world's population lived in Asia? PROVIDE/EXPLANATION PROOF FOR YOUR ANSWER. INCOMPLET
azamat

Answer:

We can infer from the graph, that about two thirds (around 60%) of the world's population lived in Asia in 2008.

Asia is by far the most populated continent in the world. The two most populous countries of the globe are located in Asia: India, and China, each with over 1 billion people.

6 0
3 years ago
Breezy Company is disposing of equipment that was originally purchased for $550,000 and has $145,000 of accumulated depreciation
BARSIC [14]

Answer:

$405,000

Explanation:

The calculation of total amount is shown below:-

If the company disposes of the equipment to buy the new equipment, the sunk cost will be the old equipment's book value.

Sunk cost = Book value of the old Equipment

Sunk cost = Cost of equipment - Accumulated Depreciation

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= $405,000

Therefore for computing the sunk cost we simply deduct the accumulated Depreciation from cost of equipment

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3 years ago
In the process of reconciling its bank statement for January, Maxi's Clothing's accountant compiles the following information:
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Answer:

$4,469

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Calculation for what The adjusted cash balance per the books on January 31 is

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Adjusted cash balance = cash balance per books -bank service charges - EFT automatically deducted - NSF Check

Let plug in the formula

Adjusted cash balance= $5325 - $31 -$500 -$325

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Therefore The adjusted cash balance per the books on January 31 is $4,469

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Control the money supply
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B is the answer I think
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