CengageNOWv2 | Online teachin X= Ch. 12 Key Terms - Principles of A X+ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=falseow to Cancel Your.F Startup Opportuniti. V How brands are co...Assignment Practic.. A COVID-19 Student.. C20-128PR01-:Record the journal entries for each of the following payroll transactions. If an amount box does not require, leave it blank.Apr. 2 Paid $640 and $300 cash to a federal depository for FICA Social Security and FICA Medicare, respectively.Apr. 4 Paid accumulated employee salaries of $16,220.Apr. 11 Issued checks in the amounts of $480 for federal income tax and $300 for state income tax to an IRS-approved bank.Apr. 14 Paid cash to health insurance carrier for total outstanding health insurance liability of $800.Apr. 22 Remitted cash payments for FUTA and SUTA to federal and state unemployment agencies in the amounts of $130 and $250, respectively.Аpг. 2Apr. 4Apr. 11Apг. 14Apг. 2278°F Cloudy

Journal entries are written in chronological sequence and adhere to the double-entry accounting…

Record the journal entries for each of the following payroll Apr. 2 Paid $640 and $300 cash to a federal depository fo Apr. 4 Paid accumulated employee salaries of $16,220. Apr. 11 Issued checks in the amounts of $480 for federal i Apr. 14 Paid cash to health insurance carrier for total outst Apr. 22 Remitted cash payments for FUTA and SUTA to fed Apr. 2

Record the journal entries for each of the following payroll Apr. 2 Paid $640 and $300 cash to a federal depository fo Apr. 4 Paid accumulated employee salaries of $16,220. Apr. 11 Issued checks in the amounts of $480 for federal i Apr. 14 Paid cash to health insurance carrier for total outst Apr. 22 Remitted cash payments for FUTA and SUTA to fed Apr. 2

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

See similar textbooks

Similar questions

Help with Correct Answer
Based on the following information, prepare a check and stub: Date: January 15, 20-- Balance brought forward: $2,841.50 Deposit: $962.20 Check to: J. M. Suppliers Amount: $150.00 For: Office Supplies Signature: Sign your name
Record entry for recognition of expenses and replenishment of the fund, record entry for reimbursements made by employee, record entry for petty cash found.
Based on the information in the worksheet, Calculate: February Deposits in Transit: Date Amount February Outstanding Checks: Check # Amount
Journal entry for: Feb1: paid rent for February amounting to $660, cheque#3354. Feb1: Tee R Us decided to establish a petty cash fund for the office. A cheque #3355 of $500 was issued and cashed
Vinubhai
vable Prepare Jun's journal entry assuming the note is honored by the customer on October 31 of that same year. (Do not round intermediate calculations. Round your answers to nearest whole dollar value. Use 360 days a year.) View transaction list Journal entry worksheet 1 Record cash received on note plus interest.
owe subject-Accounting
Balance, December 31, 2018 $3,340 ADD: Deposit in transit 100 3,440 LESS: Outstanding checks $400 400 Adjusted bank balance, December 31, 2018 $3,040 Book: Balance, December 31, 2018 $2,540 ADD: Bank collection $510 Interest revenue 20 530 3,070 LESS: Service charge $30 30 Adjusted book balance, December 31, 2018 $3,040
A company's Cash account shows a balance of $3,460 at the end of the month. Comparing the company's Cash account with the monthly bank statement reveals several additional cash transactions such as bank service fees ($50), an NSF check from a customer ($370), a customer's note receivable collected by the bank ($1,600), and interest earned ($130). Required: Record the necessary entry(ies) to adjust the company's balance for cash. (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet Record the items that increase cash. 2 Note: Enter debits before credits. Transaction Record entry General Journal Clear entry Debit Credit View general Journal
Uramilaben
Bank Reconciliation and Adjusting Entries (Appendix 6.1) Instructions Chart of Accounts Labels and Amount Descriptions Bank Reconciliation General Journal X Instructions Odum Corporation’s cash account showed a balance of $17,200 on March 31, 2019. The bank statement balance for the same date indicated a balance of $17,916.55. The following additional information is available concerning Odum’s cash balance on March 31: • Undeposited cash on hand on March 31 amounted to $724.50. • A customer’s NSF check for $180.80 was returned with the bank statement. • A note for $2,000 plus interest of $25 was collected for Odum by the bank during March. The bank notified Odum of this collection on the bank statement. • The bank service charge for March was $15. • A deposit of $950.75 mailed to the bank on March 31 did not appear on the bank statement. The following checks mailed to creditors had not been processed by the bank on March…