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if total sales is 250000 and estimated rate for uncollectible is 1% what is the amount of uncollectible
2500
dr accounts receivable 2040 cr interest income 40 cr notes receivable 2000
dr all taxes payable ss, medicare, bonds, health cr cash
520
dr salary expense cr taxes payable ss medicare bonds health
dr payroll expense cr taxes payable ss medicare unemployment federal and state
28500
1000
service int'l signed a 25,000 two year interest bearing 7% note. what is the maturity value of the note?
2500
dr accounts receivable 2040 cr interest income 40 cr notes receivable 2000
dr all taxes payable ss, medicare, bonds, health cr cash
520
dr salary expense cr taxes payable ss medicare bonds health
dr payroll expense cr taxes payable ss medicare unemployment federal and state
28500
1000
to journalize or record of employee taxes
2500
dr accounts receivable 2040 cr interest income 40 cr notes receivable 2000
dr all taxes payable ss, medicare, bonds, health cr cash
520
dr salary expense cr taxes payable ss medicare bonds health
dr payroll expense cr taxes payable ss medicare unemployment federal and state
28500
1000
to record employer taxes
2500
dr accounts receivable 2040 cr interest income 40 cr notes receivable 2000
dr all taxes payable ss, medicare, bonds, health cr cash
520
dr salary expense cr taxes payable ss medicare bonds health
dr payroll expense cr taxes payable ss medicare unemployment federal and state
28500
1000
davis dishonored a 90 day 8% notes receivable for 2000. what is the journal entry?
2500
dr accounts receivable 2040 cr interest income 40 cr notes receivable 2000
dr all taxes payable ss, medicare, bonds, health cr cash
520
dr salary expense cr taxes payable ss medicare bonds health
dr payroll expense cr taxes payable ss medicare unemployment federal and state
28500
1000
with gross earning of 875 and deduction of 355. what is the net pay?
2500
dr accounts receivable 2040 cr interest income 40 cr notes receivable 2000
dr all taxes payable ss, medicare, bonds, health cr cash
520
dr salary expense cr taxes payable ss medicare bonds health
dr payroll expense cr taxes payable ss medicare unemployment federal and state
28500
1000
to journalize payment of employee taxes
2500
dr accounts receivable 2040 cr interest income 40 cr notes receivable 2000
dr all taxes payable ss, medicare, bonds, health cr cash
520
dr salary expense cr taxes payable ss medicare bonds health
dr payroll expense cr taxes payable ss medicare unemployment federal and state
28500
1000
a heating system cost 15500 salvage value 500 useful life 15 years what is the depreciation
2500
dr accounts receivable 2040 cr interest income 40 cr notes receivable 2000
dr all taxes payable ss, medicare, bonds, health cr cash
520
dr salary expense cr taxes payable ss medicare bonds health
dr payroll expense cr taxes payable ss medicare unemployment federal and state
28500
1000
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