Accounting Question 6. You have been provided the following information for Modular Designs Pty Ltd, an architecture firm, for the quarter ended June 2018. All amounts include GST where applicable. In dollars $ Fee Income 134,865 Sale of Motor Vehicle used for business purposes by the company’s director 14,750 Lease payment on office furniture 640 Rent paid for business premises 5,600 Wages (Gross) 18,432 PAYG Withheld from Wages 5,335 Superannuation Expense 1,659 Purchase of Motor Vehicle used for business purposes by the company’s director 36,995 Other Information: ■ Modular Designs accounts for GST on an accrual basis. ■ Modular Designs completes GST Option 1. ■ Modular Designs completes PAYG Instalment Option 1. An amount of $17,340 is preprinted at T7. Required: (a) Complete the GST Calculation Worksheet for Modular Designs for the June 2018 quarter. b) Complete the BAS Type A for Modular Designs for the June 2018 quarter.

What is the due date of a 220-day loan made on Feb. 12? Group of answer choices Sep 20 Sep 21 Aug 20 July 30

What are the answerr for questions number 14-16?

a. Journalize the entry to record the payroll for the week of April 29.* b. Journalize the entry to record the payroll tax expense incurred for the week of April 29.*

Help with T-accounts? Cascade Company has four employees. All are paid on a monthly basis. The fiscal year of the business is June 1 to May 31. The accounts kept by Cascade include the following: Account Number Title Balance on June 1 101 Cash $67,600 211 Employee Federal Income Tax Payable 3,560 212 Social Security Tax Payable 5,119 213 Medicare Tax Payable 1,195 218 Savings Bond Deductions Payable 1,275 221 FUTA Tax Payable 568 222 SUTA Tax Payable 3,834 511 Wages and Salaries Expense 0 530 Payroll Taxes Expense 0 The following transactions relating to payrolls and payroll taxes occurred during June and July: June 15 Paid $9,874 covering the following May taxes:            Social Security tax   $5,119        Medicare tax   1,195        Employee federal income tax withheld   3,560   Total   $9,874 30 June payroll:       Total wages and salaries expense   $46,000      Less amounts withheld:              Social Security tax $2,852…

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How do I jounalize the enties for a and b? a. Journalize the entry to record the payroll for the week of May 18.b. Journalize the entry to record the payroll tax expense incurred for the week of May 18.

View Policies Current Attempt in Progress Assume the following data for Sandhill Home Appliance Repair for the payroll quarter ended March 31 . . . . Gross earnings Employee FICA taxes Federal income tax State income tax Number of employees this quarter: Date Account Titles and Explanation Apr. 15 $294,000.00 Sandhill is subject to the following rates: FICA 7.65% (the 7.65% FICA tax rate consists of the Social Security tax rate of 6.2% on salaries and wages up to $128,400 and the Medicare tax rate of 1.45% on all salaries and wages), state unemployment 5.4% up to $7,000, and federal unemployment 0.6% up to $7,000. No employee reached the limit for FICA taxes, and all employees reached the limit for unemployment taxes in the first quarter. List of Accounts 22.491.00 58,800.00 Prepare the journal entry to record payment of employer taxes, assuming all taxes were paid on April 15. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Save for…

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State the accounting entries required if a business made sales on credit of $10,000, on which it must account for sales tax at the rate of 20%. Ledger Account: $ Debit/Credit Debit/Credit Debit/Credit