Examlex

Solved

Assume the Following Data for Sports Guys for the Quarter

question 65

Essay

Assume the following data for Sports Guys for the quarter ended March 31, 2022: number of empolyees for first quarter: 10gross earning$100,000employee FICA tax$7,650 federal income tax$20,000 state income tax$2,000employer FICA tax$7,650 federal unemployment taxes$450state unemployment taxes $4,000\begin{array}{ll}\text {number of empolyees for first quarter: }&10\\\text {gross earning}&\$100,000\\\text {employee FICA tax}&\$7,650\\\text { federal income tax}&\$20,000\\\text { state income tax}&\$2,000\\\text {employer FICA tax}&\$7,650\\\text { federal unemployment taxes}&\$450\\\text {state unemployment taxes }&\$4,000\end{array}
total monthly deposits related to form 941 for first qurter: \quad $36,000 Compute the amounts that would appear on Form 941 for
a) Line 12: Balance due
b) Line 13: Overpayment


Definitions:

Self-Concept

A person’s image and evaluation of important aspects of oneself.

Self-Esteem

An individual's subjective evaluation of their own worth or value.

Patriarchy

A society or group where men have power over women.

Public Sphere

A domain of social life where individuals can come together to freely discuss and identify societal problems, and through that discussion influence political action.

Related Questions