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- On December 31, 2021, what amount should PO report for accrued salaries payable? *see attached a. P 100,000b. P 94,000c. P 82,000d. P 35,00033 - What is the Gross Minimum Wage amount determined as TL for the first half of 2021?A) 2324 TLB) 2825 TLC) 2655 TLD) 3577 TLE) 2943 TL13. Trade credit terms of 2/10, net 90 are available. Calculate the cost of trade credit when payment is made on the net due date using the APR. Use a 360 day year.
- Complete the following chart with Revenu Québec remittance due date using the current year calendar. (Used 2019 calendar) PAY PERIOD PAY DATE REMITTERREMITTANCE TYPE DUE DATE ENDING DATE January January Twice- 12 19 monthly February March 2 Weekly 23 March March 15 Quarterly 15 May 18 May 25 Twice- monthly June 29 June 29 Annually July 13 July 20 Weekly August SeptemberMonthly 31 7 October October Quarterly 31 31 16 23 November November Weekly November November Twice- 16 23 monthlyUse the percentage method to compute the federal income taxes to withhold from the wages or salaries of each employee. If an amount is zero, enter "0". Round your calculations and final answers to the nearest cent. Table of Allowance Values for 2019 Weekly 80.80 Biweekly 161.50 Semimonthly 175.00 Monthly 350.00 Quarterly 1,050.00 Semiannual 2,100.00 Annual 4,200.00 Daily/Misc. 16.20 Use the percentage method to compute the federal income taxes to withhold from the wages or salaries of each employee. If an amount is zero, enter "0". Round your calculations and final answers to the nearest cent. EmployeeNo. Employee Name MaritalStatus No. of WithholdingAllowances Gross Wageor Salary Amount to BeWithheld 1 Amoroso, A. M 0 $1,610 weekly $ 2 Finley, R. S 0 825 biweekly 3 Gluck, E. S 2 9,630 quarterly 4 Quinn, S. M 8 925 semimonthly 5 Treave, Y. S 2 2,875 monthlyInterpreting the Accounts receivable Footnote Hewlett-Packard Company (HPQ) reports the following in its 2009 10-K report. October 31 (in millions) 2009 2008 Accounts receivable, net $16,537 $16,928 HPQ footnotes to its 10-K provide the following additional information relating to its allowance for doubtful accounts. For the fiscal years ended October 31 (in millions) Allowance for doubtful accounts-accounts receivable Balance, beginning of period Increase in allowance from acquisition Addition of bad debts provision Deductions, net of recoveries Balance, end of period (a) What is the gross amount of accounts receivables for HPQ in fiscal 2009 and 2008? ($ millions) 2009 Gross accounts receivable 2009 2008 2007 2008 2009 $ 553 $226 $ 220 3 245 226 32 282 (206) (144) (29) $ 629 $ 553 $ 226 (b)What is the percentage of the allowance for doubtful accounts to gross accounts receivable for 2009 and 2008? (Round your answers to two decimal places.) ($ millions) 2009 Percentage of…
- What is the salary allowances of 47000, and 59000 respec and the balance divided equallyAs of January 2023, what is the current Federal Minimum Wage be and what is the FL minimum wage? Pick the two correct numbers, order does not matter. O 10.00, 8.25 11,00, 7.25 O 7.50, 10.00 O 12.00, 5.65 O 8.65, $14.00 7.25, 15.00QUESTIONS (answer with solutions) A. Popcorn Company pays its employees' salaries bi-weekly. Occasionally, advances made to employees are paid back by payroll deductions. Information relating to salaries for the calendar year 2020 is as follows: 31/12/2019 31/12/2020 Employee advances Accrued salaries payable 12,000.00 18,000.00 15,000.00 ? Salaries expense during the year 815,000.00 Salaries paid during the year (gross) 780,000.00 At December 31, 2020, what amount should Popcorn company report for accrued salaries payable? B. Face Company grants all employees two weeks paid vacation for each full year of employment. Unused vacation time can be accumulated and carried forward to succeeding years, and will be paid at the salaries in effect when vacations are taken or when employment is terminated. There was no employee turnover in 2020. Additional information relating to the year ended December 31, 2020 is as follows: Liability for accumulated vacations at December 31, 2019 25,000.00…
- At December 31, 2021, what amount was reported by Brown Company as accrued salaries payable? Choices: P90,000 P84,000 P72,000 P22,000Accounts Payable as of December 31, 2020 should amount to: *A. 531,000B. 600,000C. 627,000D. 1,827,0001 Calculate OASDI, HI, SUTA, & FUTA for the payroll period for an employee that earns $6,000 per week and has earned $138,000 so far. The SUTA rate to be used is 3.7% and 2021 wage bases and rates should be used.
