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2 years ago

What is the difference between gross & net pay

1 answer:

6 0

Gross pay is what employees earn before taxes, benefits and other payroll deductions are withheld from their wages. The amount remaining after all withholdings are accounted for is net pay or take-home pay.

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You own a pet-supply store with various category pages on your website, and you've set up a tracking template so you can manage

Licemer1 [7]

Dog Snacks.
You have to use something unique and different from other pages and other keywords you have. As well as you can still Identify it as a treat!

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2 years ago

Why are many goods and services produced in a mixed market economy? A. labor unions are choir members to provide a selection of

ololo11 [35]

The answer is C because it’s decided by who owns the production.

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3 years ago

On the basis of the following data, what is the estimated cost of the merchandise inventory on May 31 using the retail method?

Misha Larkins [42]

Answer: The ending inventory is $43,500

Explanation:

Cost. Retail

$ $

Beginning inventory. 125,000 166,667

Add :Purchases 235,000 313,333

-------------------- -----------------------

Cost of good available for sale 360,000 480,000

Cost to retail ratio

360,000 ÷ 480,000

= 0.75

Cost. Retail

$ $

Cost of good available for sale 360,000 480,000

Less:Sales. 230,000 250,000

360,000. 172,500

187,500

-------------------- ----------------

(417,500) 58,000

Ending inventory × 0.75 (58,000 × 0.75) = 43,500

Cost to retail ratio.

Ending inventory. $43,500

3 0

3 years ago

Lately, there have been several complaints about evan's work performance. he has arrived late, his uniform is stained and wrinkl

Bingel [31]

The answer is company’s rules and policies. These two form the instructions of behavior in an organization, outlining the duties of both employees and employers. Company policies and rules are prepared to guard the rights of workers as well as the commercial interests of managers. Contingent on the needs of the organization, various policies and procedures create rules concerning employee conduct, dress code, attendance, confidentiality and other extents associated to the terms and situations of work.

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3 years ago

Read 2 more answers

Outdoor Expo provides guided fishing tours. The company charges $300 per person but offers a 20% discount to parties of four or

Simora [160]

Answer:

May 2 No entry is required as the transaction is yet to happen

May 7 DR Accounts Receivable $1,200

CR Tour Revenue $1,200

May 9 DR No entry required

May 15 DR Sales Allowance (1,200 * 30%) $360

CR Accounts Receivable $360

May 20 DR Cash $789.60

DR Sales Discount $50.40

CR Accounts Receivable $840

Working

Accounts Receivable = 1,200 - 360 sales allowance = $840

Sales Discount = 840 * 6% discount = $50.40

Cash = 840 - 50.40 = $789.60

b. Net Revenues

= Revenue - Sales allowance - Sales discount

= 1,200 - 360 - 50.40

= $789,60

c. Partial Income Statement

Tour Revenues $1,200

Less:

Sales Allowance $360

Sales Discount <u> $50.60 </u>

Net Tour Revenue $789.40

8 0

3 years ago