Examlex

Solved

Total Payroll of Walnut Co

question 103

Essay

Total payroll of Walnut Co. was $1,840,000, of which $320,000 represented amounts paid in excess of $106,800 to certain employees. The amount paid to employees in excess of $7,000 was $1,440,000. Income taxes withheld were $450,000. The state unemployment tax is 1.2%, the federal unemployment tax is .8%, and the F.I.C.A. tax is 7.65% on an employee's salaries and wages to $106,800 and 1.45% in excess of $106,800.
Instructions
(a) Prepare the journal entry for the salaries and wages paid.
(b) Prepare the entry to record the employer payroll taxes.

Discuss the racialization of initiatives aimed at food justice and its implications.
Contrast millennial Black activism with civil rights activism from the 1950s and 1960s, including the politics of respectability.
Understand the socio-economic factors contributing to disparities in supermarket distribution among different neighborhoods.
Summarize the contributions of organizations like Generations Ahead to intersectionality and awareness.

Definitions:

Biofilm

Community of microorganisms living within a shared mass of secreted slime.

Sex Pilus

A thin, tube-like structure used by some bacteria to transfer genetic material to another bacterium during conjugation, a form of sexual reproduction.

Gap Junctions

Specialized structures in animal cell membranes that allow for direct communication between cells through the passage of ions and molecules.

Tight Junction

Cell junction that fastens together the plasma membrane of adjacent epithelial cells; collectively prevent fluids from leaking between the cells. Composed of adhesion proteins.

Related Questions