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3 years ago

The amount of money withheld from an employee's paycheck is...

Business

1 answer:

bixtya [17]3 years ago

5 0

Answer:

A.Payroll deductions

Explanation:

Withholding is the action by employers to retain a portion of an employee's salary for a specific function. Money withheld does not get to the employee bank's account. The amount withheld is shown in the pay stub, but the employee will not access it.

Employers collect the amounts withheld and remit them to the concerned agency. Deductions are usually a percentage of the employee's gross pay.

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Revenues, Expenses, and Cost of Goods Sold are closed to which of the following accounts:_________

iren2701 [21]

Answer: A) Income Summary

Explanation:

The Income Summary account is used to compile temporary accounts before posting them to capital accounts. Revenues, Expenses and Cost of Goods are temporary accounts which will be compiled in the Income summary account.

The Income summary account has a debit and a credit side with income going on the credit side and expenses going on the debit side. If the credit side is higher than the debit side then profits have been made. The reverse is true.

6 0

3 years ago

The partnership of Larson, Norris, Spencer, and Harrison has decided to terminate operations and liquidate all business property

Volgvan

Answer:

LARSON, NORRIS, SPENCER AND HARRISON

PREDISTRIBUTION PLAN FOR LIQUIDATING PARTNERSHIP

ASSET

Cash $28,250

liquidating expense (8,000) 20,250

Account receivable 44,000

inventory 39,000

land and building 23,000

Equipment 104,000

Total Asset 230,250

Liabilities (47,000)

Net asset 183,250

Asset to be distributed as follows:

Larson(15,000 - 1600) 13,400

Norris(60,000 -2400) 57,600

Spencer(75,000 - 1600) 73,400

Harrison(41,250-2400) 38,850 ( 183,250)

0

Loss

share of liquidation expenses

Larson = 20%*8000 = 1600

Norris = 30%*8000 = 2400

Spencer = 20%*8000= 1600

Harrison = 30%*8000 = 2400

Explanation:

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3 years ago

The shadow price measures, per unit increase in the right hand side of the constraint, Select one: a. the change in the value of

MA_775_DIABLO [31]

Answer:

A. the change in the value of the optimal solution.

Explanation:

A shadow pricing is associated with each constraint of the model and is the instantaneous changes that occur in the objective model of the optimal solution that is obtained by changing the right-hand side constrained by one unit and a reduced cost is associated with each variable of the model. Also referred to as a monetary values that is assigned to the current unknowable or difficult to calculate costs.

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3 years ago

Rudy bought 10 shares of fat cat, inc. stock on january 1,2017. rudy paid $20 for each share. at first, it appeared that rudy ha

stiv31 [10]

He would would have a short term capital loss of $200 (10 shares at $20 each)

Short term losses are considered losses on assets that have been held for less than 1 year.

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3 years ago

When is an employee entitled to a right-to-sue letter from the eeoc?

deff fn [24]

within 180 days from the time the employee filed a complaint provided the eeoc finds that there has been discrimination
C.

3 0

3 years ago