subject
Business, 11.12.2019 03:31 dinosaur10

On january 1, 2017, the ledger of carla vista co. contained these liability accounts. accounts payable $44,500 sales taxes payable 7,600 unearned service revenue 21,000 during january, the following selected transactions occurred. jan. 1 borrowed $18,000 in cash from apex bank on a 4-month, 5%, $18,000 note. 5 sold merchandise for cash totaling $6,360, which includes 6% sales taxes. 12 performed services for customers who had made advance payments of $13,200. (credit service revenue.) 14 paid state treasurer’s department for sales taxes collected in december 2016, $7,600. 20 sold 700 units of a new product on credit at $46 per unit, plus 6% sales tax. during january, the company’s employees earned wages of $76,800. withholdings related to these wages were $5,875 for social security (fica), $5,486 for federal income tax, and $1,646 for state income tax. the company owed no money related to these earnings for federal or state unemployment tax. assume that wages earned during january will be paid during february. no entry had been recorded for wages or payroll tax expense as of january 31.

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 11:00
When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement
Answers: 3
question
Business, 22.06.2019 16:00
In microeconomics, the point at which supply and demand meet is called the blank price
Answers: 3
question
Business, 22.06.2019 17:40
Because the demand for wheat tends to be inelastic. true or false
Answers: 1
question
Business, 22.06.2019 22:00
What tax is paid by the most people in the united states
Answers: 1
You know the right answer?
On january 1, 2017, the ledger of carla vista co. contained these liability accounts. accounts payab...
Questions
question
Mathematics, 16.05.2021 04:50
Questions on the website: 13722365