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Sauron [17]
2 years ago
13

An Organization pays $65,000 in Social Security taxes for its employees. When payroll liabilities are journalized, how mucus ent

ered into the journal for this payable?
A. $0
B$130,000
C$32,500
D 65,000
Business
1 answer:
tatyana61 [14]2 years ago
7 0

Answer:

It's NOT $65,000

Explanation:

the test

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An investment offers $5,900 per year for 15 years, with the first payment occurring one year from now. If the required return is
drek231 [11]

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Today, the investment is worth $31,997.29

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An investment offers $5,900 per year for 15 years, with the first payment occurring one year from now. The required return is 6 percent

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4 0
3 years ago
Prepare the journal entry to record the accrual of interest and the premium amortization on December 31, 2022. (Credit account t
vesna_86 [32]

The journal entry to record the accrual of interest includes:

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<h3>What is an accrual of interest?</h3>

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Here, the Accrued interest expense on 12/31/15 is paid on 1/1/16.

Based on the calculation, the  journal entry to record the accrual of interest includes a Debit to Interest Expense for $5,000 and a Credit to Interest Payable for $5,000.

Missing words "On January 1, 2015, Candlestick, Inc. issues $100,000, five-year, 10% bonds at 100 (100% of face value). Assume that interest is payable semiannually on January 1 and July 1."

Read more about accrual of interest

<em>brainly.com/question/1542335</em>

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