Problem 11-2A Entries for payroll transactions LO P2, P3
On January 8, the end of the first weekly pay period of the year, Regis Company's payroll register showed that its employees earned $21,760 of office salaries and $70,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.20%, FICA Medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,390 of medical insurance deductions, and $900 of union dues. No employee earned more than $7,000 in this first period.
Required:
1.1 Calculate below the amounts for each of these four taxes of Regis Company. Regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid each employee. The federal unemployment tax rate is 0.60%. (Round your answers to 2 decimal places.)
1.2 Prepare the journal entry to record Regis Company's January 8 (employee) payroll expenses and liabilities. (Round your answers to 2 decimal places.)
2. Prepare the journal entry to record Regis’s (employer) payroll taxes resulting from the January 8 payroll. Regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid each employee. The federal unemployment tax rate is 0.60%. (Round your answers to 2 decimal places.)

Answer: See Image Below

The adjusting entries for Skysong, Inc. for March is prepared from the given   selected accounts before adjusting entries have been prepared.

Adjusting entries are journal entries that are typically made at the end of an accounting period to allocate income and expenditure to the period in which they actually occurred. Under accrual-basis accounting, the revenue recognition principle serves as the foundation for making adjusting entries for unearned and accrued revenues.

The adjusting entries are as follows:-

No.   Date           Account Tiles and Explanation       Debit        Credit

1.      March 31        Depreciation expense                      756

                       Accumulated Depreciation expense                        756

2.     March 31    Unearned Rent revenue                        5580

                            Rent revenue                                                        5580

3.     March 31      Interest Expense                                360

                            Interest payable                                                   360

4.    March 31        Supplies Expense                            1935

                               Supplies                                                             1935

5.    March 31       Insurance Expense                             1080

                            Prepaid Insurance                                                    1080

Therefore, the adjusting entries are prepared on March 31.

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The balanced scorecard method is a framework for operationalizing a firm's strategic plan by focusing on measurable outcomes based on for dimensions of a firm's performance.

A balanced scorecard is a strategic management overall performance metric that enables corporations identify and enhance their inner operations to help their outside consequences. It measures beyond performance records and provides organizations with remarks on the way to make higher decisions in the destiny.

A balanced scorecard (BSC) is described as a control system that gives remarks on both internal enterprise strategies and external results to continuously improve strategic overall performance and results.

A balanced scorecard is a approach performance control device – a well dependent report, that can be utilized by managers to maintain track of the execution of sports by means of the group of workers inside their control and to screen the outcomes arising from those actions.

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Answer:

A $155.94

Explanation:

A down payment is an initial payment that is paid cash to the buyer. It is the same as the deposit. Marcus must have been buying the compute of credit. The down payment or deposit shows that the customer is serious about buying the item.

The deposit that Marcus paid is 12%.

The cost of the new computer is $1,229.50

The deposit will be 12% of $1,229.50

=12/100 x $1,229.50

=0.12 x $ 1,229.50

=$155.94

Explanation:

Maggie bought a play-gym set for her day-care business is included in a current year's GDP as investment spending.

How can spending on investments boost GDP?

Business investment has the potential to affect both the short- and long-term expansion of the economy. A growth in business investment directly raises the current level of gross domestic product because physical capital is created and sold (GDP).

What elements make up the GDP?

Government spending, corporate investment, consumer consumption, and net exports make up the GDP's four main components. Residential investment (housing), inventory investment, and commercial fixed investment are the three types of investment spending.

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Andy should credit a liability account and debit a revenue account when recording an adjusting entry for deferred revenue. Therefore, option A and D are correct.

A liability account represents an obligation or debt that a company owes to external parties. It reflects the company's responsibility to fulfill a future payment or deliver goods or services in the future. In the context of deferred revenue, it refers to the liability created when a company receives payment for goods or services that have not yet been provided. This liability is recorded on the balance sheet as a credit entry.

A revenue account, on the other hand, represents the income generated by a company from its primary activities. It reflects the company's earnings from the sale of goods or services. When recording an adjusting entry for deferred revenue, the revenue account is debited to recognize the revenue that has been earned as a result of fulfilling the obligations associated with the previously recorded liability. This entry ensures that the revenue is appropriately recognized in the company's financial statements.

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Due to massive increases in agriculture and production area over the last two decades, per capita vegetable consumption has increased to 105 kg from 60 kg. Nepal has reported 3,243,521 vegetable holdings. Vegetable crops are grown on a total of 232,295 hectares of cultivable land.

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Answer:

it's either a or c I believe

Retrenching to a narrower diversification base is the most attractive long-run strategy for a broadly diversified company.

It should be noted that diversification simply means an investment strategy that's used to reduce risk in business.

In this case, retrenching to a narrower diversification base is the most attractive long-run strategy for a broadly diversified company confronted with recession, high interest rates, mounting competitive pressures in several of its businesses, and sluggish growth.

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Answer:

Economics is a social science that studies how individuals, businesses, governments, and societies allocate scarce resources to meet unlimited wants and needs. In order to solve economic problems, economists typically ask questions such as:What goods and services should be produced?How should goods and services be produced?For whom should goods and services be produced?How can scarce resources be allocated efficiently to maximize social welfare?What are the incentives and disincentives that influence individual and collective behavior?How do changes in government policies or external factors affect economic outcomes?What are the trade-offs involved in making different economic decisions?How can economic growth and development be promoted and sustained over time?How can economic inequality be addressed?How can market failures and externalities be corrected?These questions help economists to analyze economic issues and develop policies and solutions that can improve economic outcomes for individuals and societies.

Answer:

Roth IRA accounts

Explanation:

d. The employer contributions are not included in the individual insured's taxable income.

Employer contributions to a Health Savings Account (HSA) are not taxed as income for the insured individual. These contributions are considered tax-exempt and are not included in the individual's taxable income. This means that the individual does not have to pay income taxes on the employer contributions made to their HSA.

The contributions made by the employer are typically deductible for the employer as a business expense. However, for the insured individual, these contributions do not affect their taxable income or tax liability. The contributions remain tax-free as long as they are used for qualified medical expenses.

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The ancient people used hieroglyphics to record important economic, administrative, and royal information is Egyptians.

Egyptian Hieroglyphics was the formal writing system used to write the Egyptian language in ancient Egypt. Hieroglyphs are about 1,000 different characters that combine elements of logos, syllables, and the alphabet. Italic hieroglyphs were used in religious literature on papyrus and wood.

The word hieroglyph literally means sacred carving. The Egyptians initially used hieroglyphs only for inscriptions carved or painted on the walls of temples. This form of the paintbrush was also used on tombs, papyrus sheets, stucco-covered wooden boards, pottery fragments, and limestone fragments.

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Answer:

certificate of deposit.

Explanation:

Monetary policy can be defined as the actions (macroeconomic policies) adopted and undertaken by the central bank of a particular country to control the money supply and interest rates so as to boost or enhance economic growth. The central bank uses monetary policies to manage inflation, economic growth through long-term interest rates and level of unemployment in a country. In order to boost economic growth, monetary policy is used to increase money supply (liquidity) while it is also used to prevent inflation by reducing money supply.

Generally, money supply comprises of checks, cash, money market mutual funds (MMF) and credit (mortgage, bonds and loans).

In this scenario, Joseph wants to invest his money for a very long time and would like a very low-risk investment because he doesn’t want to lose any amount of money. Thus, the type of investment which will best fit Joseph’s needs is a certificate of deposit.

A bank certificate of deposit (CD) can be defined as a secured form of time-bound deposit and a special low-risk savings account, wherein money (lump-sum) are left with the bank for a specific period of time in exchange for an interest rate premium.

Generally, a certificate of deposit pays a higher interest rate to its holder than the regular savings account because the banks invest the money in a business.

Additionally, a bank certificate of deposit is protected and insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000, eliminating the chance of a holder such as Joseph to lose any money.

Answer: it is NOT certificate of deposit

Explanation:

Just used that on the test and it was wrong

The option that is least likely to be shown on the balance sheet of a capital projects fund is:  d. due from the general fund

A capital projects fund is a specific type of fund used by governments to account for financial resources designated for the acquisition, construction, or improvement of major capital assets. The balance sheet of a capital projects fund typically includes assets, liabilities, and fund balance related to capital projects.

a. Accounts payable: It is common for a capital projects fund to have accounts payable if there are unpaid bills or invoices for goods or services received in relation to capital projects.

b. Cash: Cash is a fundamental item shown on the balance sheet of any fund, including a capital projects fund. It represents the financial resources available for use in funding capital projects.

c. Buildings: Buildings are significant capital assets and are likely to be shown on the balance sheet of a capital projects fund. These assets represent the completed construction or acquisition of physical structures.

d. Due from the general fund: It is least likely to be shown on the balance sheet of a capital projects fund. "Due from the general fund" suggests that the capital projects fund is expecting to receive funds from the general fund, which is not a typical characteristic of a capital projects fund. Instead, the capital projects fund is typically used to accumulate and manage resources for capital projects independently

Therefore, the least likely item to be shown on the balance sheet of a capital projects fund is "due from the general fund" (option d).

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Answer:

yes

Explanation:

It is an ability to defend your rights without hurting those of others. An assertive person, therefore, is the one who can express his emotions, needs, and opinions to others without being forceful in any way

Answer:

I ate an egg sandwich. I drank some water. I went outside for a short walk.

Explanation:

Thanks for asking :)

Answer:

yellow pages

Explanation:

It's "Yellow Pages" :)

I got it right on plato <3

Answer: The answer would be $57.75

Explanation:

1050 x 0.055(the interest rate) = 57.75

Can I have brainliest? It would help me out, if not thanks anyways! Hope this helped and have a nice day!

To make smart decisions for themself and the company

By promoting/ selling the products

By making more money and sales

please mark brianliest, rate, thanks, commnet.

yours,

fellow brainiac

Three ways a business can obtain reliable research on the needs, wants, and buying motivations of its target market.

Research refers to deep investigations of the data and information available to provide credentials with facts and figures to provide results that will utilize for the new research.

Reliable research will be done through credential sources or direct interaction with the customers to know their tastes which helps in meeting tehir needs and wants and making improvements in the product.

This information can be obtained from analyzing the trends and preferences in the market which helps bsuines to know what is popular among people and make assumptions based on it.

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A Checklist Is a type of: Poka-Yoke

Any device or system that prevents someone from carrying out an activity incorrectly is known as a poka-yoke.

It is a Japanese term that meaning "mistake-proofing." Poka-yoke is used to reduce waste, usually by getting rid of or decreasing errors in quality that result in rework and scrap as well as getting rid of any safety hazards.

The purpose of checklists is to keep track of tasks or projects and make sure nothing crucial is overlooked while they are being carried out.

In this manner, you ensure that nothing is left out that might affect your outcomes. Additionally, they guarantee that tasks are carried out in a systematic, ordered manner.

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Answer:

B. It allows people to buy, sell, and trade goods efficiently.

Explanation:

Medium of exchange refers to an intermediary instrument used to facilitate trade or the transfer of goods and services between parties. An item must be acceptable by the parties involved in the transaction to be used as a medium of exchange. It should represent a fair standard of value.

Money is the most widely used and accepted medium of exchange. It facilitates an easy and quick transfer of goods and services between buyers and sellers. Without money, the selling of goods and services would be conducted on barter trade. Money as a medium of exchange facilitates smooth transactions in business.

Money function as a medium of exchange allows people to buy, sell, and trade goods efficiently. Thus, option B is appropriate.

Money is a centralized, widely recognized, acknowledged, and applied means of exchange that makes it easier to exchange goods and services. In an economy, money is a form of exchange used for many different types of commodities and services. Each government and each nation has a unique monetary system.

Money has played an essential role as a means of exchange in society since the beginning of time. As a means of exchange, money makes it easier to exchange commodities and services. The exchange of money occurs when producers sell their products to wholesalers.

Thus, option B is correct.

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To solve the given stiff initial-value problems using Euler's method, we can use the following steps:

Define the step size, h.

Set the initial condition, y(0).

Iterate over the desired time interval using Euler's method to approximate the solution.

Let's solve each problem step by step:

a. y' = -5y + 6e^t, 0 ≤ t ≤ 1, y(0) = 2, with h = 0.1; actual solution y(t) = e^-5t + e^t.

Step 1: Define the step size and time interval:

h = 0.1

t = 0 to 1 (inclusive)

Step 2: Set the initial condition:

y(0) = 2

Step 3: Iterate using Euler's method:

For i = 0 to 10:

t_i = i * h

y_i+1 = y_i + h * (-5y_i + 6e^(t_i))

Compare the results with the actual solution.

b. y' = -10y + 10t + 1, 0 ≤ t ≤ 1, y(0) = e, with h = 0.1; actual solution y(t) = e^-10t + t.

Step 1: Define the step size and time interval:

h = 0.1

t = 0 to 1 (inclusive)

Step 2: Set the initial condition:

y(0) = e

Step 3: Iterate using Euler's method:

For i = 0 to 10:

t_i = i * h

y_i+1 = y_i + h * (-10y_i + 10t_i + 1)

Compare the results with the actual solution.

c. y' = -15(y - t^-3) - 3/t^4, 1 ≤ t ≤ 3, y(1) = 0, with h = 0.25; actual solution y(t) = -e^-20t + cos(t).

Step 1: Define the step size and time interval:

h = 0.25

t = 1 to 3 (inclusive)

Step 2: Set the initial condition:

y(1) = 0

Step 3: Iterate using Euler's method:

For i = 0 to 8:

t_i = 1 + i * h

y_i+1 = y_i + h * (-15(y_i - t_i^-3) - 3/t_i^4)

Compare the results with the actual solution.

d. y' = -20y + 20cos(t) - sin(t), 0 ≤ t ≤ 2, y(0) = 0, with h = 0.25; actual solution y(t) = -e^-20t + cos(t).

Step 1: Define the step size and time interval:

h = 0.25

t = 0 to 2 (inclusive)

Step 2: Set the initial condition:

y(0) = 0

Step 3: Iterate using Euler's method:

For i = 0 to 8:

t_i = i * h

y_i+1 = y_i + h * (-20y_i + 20cos(t_i) - sin(t_i))

Compare the results with the actual solution.

Please note that for accurate comparison, it's recommended to calculate the actual solution at the same time points as the Euler's method approximations.

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Answer:

Explanation: All of the answers choices are correct

The mechanical stage lower knob causes the stage to move in Right and left. Thus option D is correct.

In order to hold and move the glass slide, a mechanical stage is put on the stage. The knobs can be turned by the user to slowly and gently move the slide in either the x or y direction.

With the help of its two knobs, the user can extremely gently and slowly move the slide in either the X or Y direction. To move the slide from left to right or forward and backward, rotate one of two knobs in very small steps.

Therefore, option D is appropriate.

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Two actions that a government might take to limit free trade and cause industries concern are the imposition of tariffs and the use of quotas.

Tariffs are taxes imposed on imported goods. They raise the prices of foreign goods, making them less appealing to domestic consumers. Tariffs raise the prices of imported products to a level that is equal to or greater than the prices of similar products manufactured in the domestic market. The tariff is paid by the importer or the purchaser of the imported goods.Quotas, on the other hand, are physical limits on the amount of a particular good that can be imported in a specified period.

A government may use quotas to limit foreign competition for domestic manufacturers. By setting a limit on the amount of a specific product that can be imported, the government effectively creates a situation where the domestic market has less competition.Free trade refers to a situation where goods and services are allowed to be traded without any restrictions or interference from the government. In contrast, protectionism is a set of policies that limit free trade by restricting the flow of goods and services between countries.

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The disadvantage of choosing a job that is very popular or a job that is in high demand is that after a while such a job may become saturated or it would become monotonous.

This is the term that is used to refer to a job that the people that wpould employ labor are constantly in need of. Such a job is one that would require the people that have the qualification to opt in and get the places and the roles that they are to fill.

The issues that may arise from such a job that is in high demand is that after a period, such a job may have a lot of persons that would want to fulfil the role.

The number of qualified persons may become more than the job that is available for the people to do in the long run.

Hence this is a disadvantage. Therefore I would conclude by saying that the disadvantage of choosing a highly popular job is that the number of persons that are willing to fulfil the role may exceed the job overtime.

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It is TRUE that a trade secret can become part of an employee's technical knowledge.

Technical knowledge acquired by an employee can include a trade secret. Trade secrets are valuable, secret informational assets that provide a business a competitive edge.

An employee may learn and keep the information if they are exposed to trade secrets as part of their duties, adding it to their technical skills. It is crucial to remember that even if trade secrets become a part of an employee's technical knowledge, they still need to be kept confidential.

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Answer:

no it is your passion

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⣿⣿⣿⣿⣿⣿⣟⣫⡾⠛⠛⠛⠛⠛⠛⠿⣾⣽⡻⣿⣿⣿⣿⣿

⣿⣿⣿⣿⣿⡟⣼⠏⠀⠀⠀⠀⠀⠀⣀⣀⡀⣙⣿⣎⢿⣿⣿⣿

⣿⣿⣿⣿⣿⢹⡟⠀⠀⠀⣰⡾⠟⠛⠛⠛⠛⠛⠛⠿⣮⡻⣿⣿

⣿⡿⢟⣻⣟⣽⠇⠀⠀⠀⣿⠀⠀⠀⠀⠀⠀⠀⠀⠀⠈⢿⡹⣿

⡟⣼⡟⠉⠉⣿⠀⠀⠀⠀⢿⡄⠀⠀⠀⠀⠀⠀⠀⠀⠀⣼⢟⣿

⣇⣿⠁⠀⠀⣿⠀⠀⠀⠀⠘⢿⣦⣄⣀⣀⣀⣀⣤⡴⣾⣏⣾⣿

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⡻⣿⠀⠀⠀⣿⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⣸⣧⣿⣿

⡇⣿⠀⠀⠀⣿⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⠀⣿⢹⣿⣿

⣿⡸⢷⣤⣤⣿⡀⠀⠀⠀⠀⢠⣤⣄⣀⣀⣀⠀⠀⢠⣿⣿⣿⣿

⣿⣿⣷⣿⣷⣿⡇⠀⠀⠀⠀⢸⡏⡍⣿⡏⠀⠀⠀⢸⡏⣿⣿⣿

⣿⣿⣿⣿⣿⢼⡇⠀⠀⠀⠀⣸⡇⣷⣻⣆⣀⣀⣀⣼⣻⣿⣿⣿

⣿⣿⣿⣿⣿⣜⠿⢦⣤⣤⡾⢟⣰⣿⣷⣭⣯⣭⣯⣥⣿⣿⣿⣿

Answer:  D.create clear standards to be applied fairly before imposing the death penalty.

Explanation: The answer it's right there

The impact of  Furman v. Georgia (1972) was that states had to

This was a case that had to do with the cruel and the unusual way that people faced in the death penalty.

The case ruled that the death penalty was unconstitutional if it was applied in a discriminatory way.

It ruled that the eight amendment was being violated if used in this way.

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Answer:

to earn a dividend

to earn capital gains

Explanation:

Stocks represent ownership in a corporation. Shareholders are entitled to share in the profits of the business. The portion of profits that shareholders get for contributing capital is the dividend.

Investing in stocks makes one a shareholder and gives them the right to dividends. Investors always select the stocks of companies likely to declare high dividends. Dividends is an important reason why investors opt for shares or stocks.

Stocks of corporations that are performing well financially are likely to increase in price. Investors buy stocks when prices are low and selling them when prices appreciate. That way, they can profit through capital gain.

Dividends and capital gains are the rewards that investors gain from stocks. Interest is earned on deposits and loans.