Kevin F. - KCUL156 Chapter Two Homework

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O Page view A R You are employed as the office manager at Clover Point Pediatrics. Your job requires you to take on many responsibilities. One of these is to arrange for the annual employee party. This year, you have been given permission to rent a banquet room at a local hotel, hire a caterer, and hire a disc jockey for entertainment. There are 23 employees and each will be bringing one guest (46 total). Answer the following (all pricing includes tax and tip): 10. The caterer is charging $29.95 per person for a sit-down dinner. What will be the total cost for food? 11. Beer and wine will be served at a cost of $12.00 per person. What is the total cost for beverages? 12. The entertainment costs $100.00 an hour, and entertainment will be held from 7:00 p.m. to midnight. What will this cost? The banquet rental is $1,200.00 for the evening and this includes all set ups. What will the entire evening cost (food, beverages, entertainment, and rental)? 13.

MAR SUNDAY 28 ezto.mheducation.com earning | Home tion II 1 Saved Help Save & Exit Subm MC Qu. 5-62 On June 4, Marie Co. had cash sales rung up... On June 4, Marie Co. had cash sales rung up by cashiers totaling $124,500. Cash in the drawer was counted and found to be $134,000. The journal entry to record the day's sales would include a: 9:12 Multiple Choice debit to Cash for $124,500. debit to Sales Revenue for $124,500. credit to Sales Revenue for $134,000. credit to Cash Overage for $9,500. MacBook DII DD 80 F10 F11 F6 F7 F8 F9 F3 F4 F5 #3 24 & * 4. 6. 7 8. T. Y * 00

X the column involved in the journal entry. Debit Cash Account 1 business You put $10,000 cash in your 2 next month. You sell a $5000 painting to Joey. The money's due You buy $300 supplies on account 3 from the paint store You pay $100 cash bonus to your helper so they can buy 4 turkey dinner. 8 5 delivered. 9 You owe Staples for $75 of copy paper you had 6 Joey paid his bill You pay off what you owe at the 7 paint store Amy puts $300 on your desk for a painting you'll do over New Years You pay Staples You buy a scanner 10 for $4000 cash Debit Accts Receivable Debit Accts Payable Credit Cash Credit Credit Accts Accts Receivable Payable h

Financial accounting 7.3

38 Question of general accounting

A part needed

account expert accept

Subject: acounting

30s View transaction list 0:00 1:30 Knowledge Check 01 On February 13, a jewelry store sells an engagement ring with a sales price of $10,000 to a nervous young man, who pays in cash. The sale is subject to a 9.75 percent sales tax. Prepare the revenue portion of the journal entry by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns. Journal entry worksheet U 1 144 >

Question 25 of 39 Mary owed $800 on a credit card at the end of the March billing cycle. She made a purchase of $600 with 20 days left in the April cycle. She then made a payment of $400 with 10 days left in the April cycle. The April cycle is 30 days long. The credit card's APR is 24%. Using the previous balance method, how much interest is Mary charged for the April cycle? A. $35.51 B. $192.00 C. $19.72 D. $15.78

Session Timed Out 9 Chapter 12: Payroll Accounting A ezto.mheducation.com/hm.tpx E Apps O Harford County Pu. start.hcps.org aSummary- Quizizz a Summary - Quizizz 9 Geometry Unit 3 St.. I connect Accounting & Finance: B4 JACCOUNTING Chapter 12: Payroll Accounting Question 1 (of 12) 1. The sales clerks of Teresa's Treasures are paid a sales they make. Find the amount of commission and gross earnings for these employees. (Round your answers to 2 decimal places. Omit the "$" sign in your response.) lary of $225 per ek plus a commission 8% on all Sales for the Week Name Commission Gross Earnings S 2,392.50 $ 3,480.75 Tina Valendez Jan Yarrow 02021 McGraw-Hill Education. ll rights P Search for anything DELL

A ← Chapter 5 Homework C Question 2 of 6 Current Attempt in Progress Other costs are as follows. Advertising Rent Vin Diesel owns the Fredonia Barber Shop. He employs 4 barbers and pays each a base salary of $1,250 per month. One of the barbers serves as the manager and receives an extra $500 per month. In addition to the base salary, each barber also receives a commission of $4.50 per haircut. Barber supplies Utilities Magazines Save for Later Total unit variable cost per haircut eTextbook and Media per month per month per haircut per month plus $0.20 per haircut per month Determine the unit variable costs per haircut and the total monthly fixed costs. (Round variable costs to 2 decimal places, e.g. 2.25.) education.wiley.com $ $ -/1 E : Attempts: 0 of 3 used Submit Answer 1 +

9 Quiz: Accounting for Current Liabi... G Help Save & Exit Submi- Saved Check my work i Required information Knowledge Check 01 Lopez Company has a single employee, who earns a salary of $192,000 per year. That employee is paid on the 15th and last day of each month. On January 15, Lopez is subject to the following payroll taxes: FICA-Social Security Taxes (at 6.2% of the first $118,500 each employee earns in the calendar year), FICA-Medicare Taxes (at 1.45%), FUTA (at 0.6% of the first $7,000 each employee earns in the calendar year), and SUTA (at 5.4% of the first $7,000 each employee earns in the calendar year). The journal entry to record the employer's payroll tax expense and related liabilities would include a debit to: O Payroll Taxes Expense for $1,108. O FICA-Social Security Taxes Payable for $496. O Payroll Taxes Expense for $1,032. O FICA-Medicare Taxes Payable for $116. II へ F3 F5 F4 F7 F8 F10 F12 Finder LL 1AA $4 3. 0.

Item 7   Lila Harrison is the sole employee of ABC Grocers. Her gross pay for the week was $400. She had deductions of $50 for federal income tax, $24.80 for social security tax, and $5.80 for Medicare tax. The journal entry to record her gross pay would include:   Multiple Choice   a debit to Salaries Expense for $319.40   a debit to Salaries Expense for $400.00   a debit to Salaries Payable for $319.40   a credit to Salaries Payable for $400.00

Notes Receivable Crowne Cleaning provides cleaning services for Amber Inc., a business with four buildings. Crowne assigned different cleaning charges for each building based on the amount of square feet to be cleaned. The charges for the four buildings are $87,600, $82,200, $102,000, and $62,400. Amber secured this amount by signing a note bearing 10% interest on June 1. Required: Question Content Area 1.  Prepare the journal entry to record the sale on June 1. If an amount box does not require an entry, leave it blank. blank   - Select - - Select -     - Select - - Select -   Question Content Area 2.  Determine how much interest Crowne will receive if the note is repaid on December 1.$fill in the blank 59d6dd028fbe01b_1   Question Content Area 3.  Prepare Crowne’s journal entry to record the cash received to pay off the note and interest on December 1. If an amount box does not require an entry, leave it blank. blank   - Select - - Select…

Saved Help Save & Exit Submit R5 EXERCISES 6 Check my work Renee is a salaried exempt employee who earns an annual salary of $63,120, which is paid semimonthly. She is married with four withholding allowances. What is her total FICA tax liability per pay period? (Do not round intermediate calculations. Round your final answer to 2 decimal places.) k. Multiple Choice nces $163.06 $38.14 $201.20

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Parts wriiten Subparts to be solve are the ones to be solved    Question Requirement 1For each of the following transactions make the required entries in the General Journal:(See the General Ledger tab in the workbook Chapter 03 b - Problem 3-1 Forms for the accounts in OPJ’s accounting system.)Feb 01 Take $4,000 cash out of Big Bank to pay for February’s warehouse rent.Feb 04 Sale of inventory to a customer – selling price $62,000 – cost of inventory sold $16,000 – customer paid cash which was deposited in Big Bank.Feb 07 Take $10,000 cash out of Little Bank to pay employees for wages they have earned.Feb 15 Sale of inventory to a customer – selling price $88,000 – cost of inventory sold $22,000 – customer will pay in the future.Feb 18 Sale of inventory to a customer – selling price $110,000 – cost of inventory sold $28,000 – customer pays $40,000 cash which is deposited in Little Bank – customer will pay for the remaining amount of the sale in 30 days.Feb 22 Purchase additional…

TB 03-70 Company A receives $10,000 in advance this m... Company A receives $10,000 in advance this month for work to be performed next month. This month, the company should: Multiple Choice Debit Accounts Payable $10,000 and credit Cash $10,00. Debit Inventory $10,000 and credit Sales Revenue $10,000. Debit Cash $10,000 and credit Deferred Revenue $10,000. Debit Inventory $10,000 and credit Accounts Payable $10,000.

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Question 2 of 10 Attempt 1 of 2 Use the information below to answer questions 1 through 3. Jack's Convenience Store is open for 20 hours a day, Monday through Saturday. There is always one employee in the store. The store employs three full-time employees, who work 40 hours per week and earn $9 per hour. The store also spends $200 per week on each full-time employee's benefits. Their labor contract requires that they earn double-time for any overtime work and that any employee who works 30 hours or more per week be given full benefits. The store is considering expanding its hours to 24 hours per day, Monday through Saturday, and 16 hours on Sunday. How much would it cost the store to expand its hours and hire a fourth full- time employee to cover the extra hours? Answer here

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6:48 PM Thu May 18 K 7 APPLICATION: 14.04b Homework Catrina's Budget Catrina recently graduated from college with a degree in political science. She started a job that pays her $48,000 per year. Her monthly net income is $2,800. She's moving into her own one-bedroom apartment. She has a car that she makes payments on and she pays for car insurance. She also adopted a cat, so she now has to pay for cat food and vet bills. Catrina has budgeted for the following monthly expenses based on what she expects to spend: Expense Type Rent Dashboard Assignment Details 19262 Economics & Personal Finance 2223-FYb-Sem2 Food Clothing College Loan Entertainment/restaurants Car and insurance payment Utilities Cell Phone Savings Renters' insurance Pet care Cable/Internet Using the information about Catrina's proposed monthly budget above, answer the following questions. 000 1. Is Catrina budget balanced? If not, what can Catrina do to balance her budget? 2. Is Catrina following the 50, 30 and 20…