The following monthly data are taken from ramirez company at july 31: sales salaries, $700,000; office salaries, $140,000; federal income taxes withheld, $210,000; state income taxes withheld, $47,000; social security taxes withheld, $52,080; medicare taxes withheld, $12,180; medical insurance premiums, $17,000; life insurance premiums, $14,000; union dues deducted, $11,000; and salaries subject to unemployment taxes, $70,000. the employee pays forty percent of medical and life insurance premiums. record the accrued employer payroll taxes and all other employer-paid expenses and the cash payment of all liabilities for july-assume that fica taxes are identical to those on employees and that suta taxes are 5.4% and futa taxes are 0.6%
1.record all employer's payroll expenses and liabilities for the month of july.
2.record the employer's benefit expense.
3.record the cash payment of all liabilities related to the july payroll.

What is used by accountant to analyze transactions ?

Sue now has $125. how much would she have after 8 years if she leaves it invested at 8.5% with annual compounding? a. $205.83b. $216.67c. $228.07d. $240.08e. $252.08

Swathmore clothing corporation grants its customers 30 days' credit. the company uses the allowance method for its uncollectible accounts receivable. during the year, a monthly bad debt accrual is made by multiplying 3% times the amount of credit sales for the month. at the fiscal year-end of december 31, an aging of accounts receivable schedule is prepared and the allowance for uncollectible accounts is adjusted accordingly. at the end of 2012, accounts receivable were dollar 586.000 and the allowance account had a credit balance of dollar 50,000. accounts receivable activity for 2013 was as follows: the company's controller prepared the following aging summary of year-end accounts receivable: prepare a summary journal entry to record the monthly bad debt accrual and the write-offs during the year. (if no entry is required for a particular event, select "no journal entry required" in the first account field.) prepare the necessary year-end adjusting entry for bad debt expense. (if no entry is required for an event, select "no journal entry required" in the first account field.) what is total bad debt expense for 2013? calculate the amount of accounts receivable that would appear in the 2013 balance sheet?