If the payroll register of heritage co. indicates $4,200 of social security. The entry are: Debit Payroll Tax Expense $5,994, Credit Social Security Taxes Payable $4,200, Credit Medicare Taxes Payable $1,050, Credit Federal Unemployment Tax Payable $96,Credit State Unemployment Tax Payable $648.
How to prepare the journal entry?The appropriate journal entry to record this transactions are:
December 31
Debit Payroll Tax Expense $5,994
($4,200 + $1,050 +$96 +$648)
Credit Social Security Taxes Payable $4,200
Credit Medicare Taxes Payable $1,050
Credit Federal Unemployment Tax Payable $96
(0.8%× $12,000)
Credit State Unemployment Tax Payable $648
(5.4%× $12,000)
Therefore the entry is to Debit Payroll Tax Expense, Credit Social Security Taxes Payable, Credit Medicare Taxes Payable, Credit Federal Unemployment Tax Payable ,Credit State Unemployment Tax Payable.
Learn more about journal entry here:https://brainly.com/question/15873854
#SPJ1
The demand for bread in Ahoma City ranges from 100 to 120 tons per day, every day of the year. The demand is easily satisfied on a daily basis. This demand for bread can be categorized as _____.
Considering the situation described above, this demand for bread can be categorized as a "static demand."
This is because a static demand is a type of demand that is not flexible at any given point.
Also, demand is said to be static when the change in quantity demand of a commodity is relative to a change in the unit price of a commodity.
Thus, in this case, when the demand for bread in Ahoma City ranges from 100 to 120 tons per day, every day of the year, this is an example of a Static demand because it is stable throughout the year.
Hence, in this case, it is concluded that the correct answer is "Static Demand."
Learn more here: https://brainly.com/question/2888806
Describe your motivation for becoming a licensed cosmetologist/manicurist.
please help
There are several facets to the beauty industry that may be explored, including hair, cosmetics, and fashion, and one of those facets is cosmetology.
It's pleasant and gratifying to be someone who helps other people look their best. A profession as a cosmetologist might be ideal for you if you take pleasure in doing manual labor and consider yourself to be someone who gets along well with others. This is further explained below.
What is a cosmetologist/manicurist.?Generally, Manicurists are certified cosmetologists who focus only on providing manicures. You may get a gel manicure or French tips thanks to their skill with design and application. Moreover, they are well-versed in the care and treatment of nails.
In conclusion, You don't need an obsession with hair, cosmetics, and fashion to succeed in the cosmetology industry. Helping others shine visually is a rewarding and entertaining activity. Become a cosmetologist if you are outgoing, creative, and love using your hands.
Read more about cosmetologists/manicurists.
https://brainly.com/question/9123955
#SPJ1
Which exit strategy can you use when you are unable to locate a buyer for your business?
A.
file for tax returns
B.
venture into a new business
C.
repay your loans
D.
liquidate the business
How does the chain of command facilitate the operations of a large structured organization?
Answer:
The use if the direct chain of command affords delegation of authority in an easily understandable way, such that needed decisions on actions are more quickly taken to save costs due to delay and lack of cohesion.
Direct chain of command affords employees to work in areas they are proficient with which builds improved competence and skill within the workforce
The chain of command organizational structure is a logical delegation of authority which facilitates collaborative efforts with internal and external bodies
Explanation:
Which of the following describes a food retailer?
uses products from farmers and ranchers, commodity processors, and food manufacturers to offer food to their customers
supports the farmers and ranchers with feed and seed
transports the farmers’ and ranchers’ products and the processed and manufactured food products throughout the system
buys the processors’ products to make prepared food
Answer:
transports the farmers and ranchers
Answer:
B
Explanation:
Suppoe that the government regulate the price that a natural monopolit can charge to be equal to the firm' average total cot. Then the firm will
A natural monopolist can charge to be equal to the firm's average total cost. Then the firm will: average cost pricing rule. The correct answer is false.
A monopoly, as defined by way of Irving Fisher, is a market with the "absence of competition", creating a situation wherein a particular person or employer is the only supplier of a particular factor.
A monopolist refers to a character, institution, or corporation that dominates and controls the marketplace for a particular accuracy or carrier. With this lack of competition and shortage of substitute goods or offerings approach the monopolist wields sufficient power inside the market to rate high expenses.
Learn more about monopolists here:
https://brainly.com/question/7217942
#SPJ4
How do I find the cash flow coverage ratio?
Explanation:
There are a few different ways to calculate the cash flow coverage ratio formula, depending on which cash flow amounts are to be included. A general measure of the company’s ability to pay its debts uses operating cash flows and can be calculated as follows:
Cash flow coverage ratio = $80,000,000 / $38,000,000 = 2.105Cash flow coverage ratio = ($64,000,000 + $4,000,000 + $8,000,000) / $38,000,000 = 2Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation?
Answer:
Inflation can cause difficulty in many ways. Which group would have the greatest problem during periods of high inflation that last several years? Older, working couples saving for retirement. Older people living on fixed retirement income.
If you get 20% off of an item that is now $320, what was the original price before the discount?
Sales taxes collected by a retailer are recorded by.
Answer:
There recorded by sales
Explanation:
Sales taxes collected by a retailer are recorded as credit to sales taxes payable under the current liabilities section on the balance sheet.
Sales taxes collected by a retailer are typically recorded by the retailer themselves for accounting and reporting purposes.
How is the sales tax collectedThis is done to ensure compliance with tax regulations and to accurately track the amount of sales tax owed to the appropriate tax authority.
Retailers usually use point-of-sale (POS) systems or specialized accounting software to record sales transactions and calculate the sales tax amount. These systems are programmed to apply the appropriate tax rate based on the location of the sale and the type of product or service being sold.
Read more on Sales taxes here https://brainly.com/question/30109497
#SPJ6
how old do you have to be to work at lululemon
Answer:
The minium age requirement to work there is 18
Studies have shown a direct correlation between recreation and leisure to wellness. Do
you agree with this assertion? Justify your answer.
The studies that show that there is a direct correlation between recreation and leisure to wellness should be agreed with because a rested mind is better off than a stressed mind.
What are the benefits of leisure and recreation?The greatest sector of the global economy is leisure and recreation. It's simple to see why recreation and leisure are beneficial aspects of life. Both adults and children can build their leadership skills through sports and youth activities. Beauty improves environmental protection and wellness through green areas.
Through the chance for light exercise and the ability to reflect on natural beauty, this same beauty aids in reducing stress. There are various places where you can have wilderness experiences.
We can therefore see that if one engages in leisure and recreation, they have a better chance of resting their minds. When this happens, they will be better off and feel healthier. The direct correlation between recreation and leisure to wellness is therefore true.
Find out more on leisure and recreations at https://brainly.com/question/16177222
#SPJ1
Staples pays George Nagovsky an annual salary of $37,200. Today, George's boss informs him that he will receive a $5,500 raise. What percent of George's old salary is the $5,500 raise? (Round to the nearest tenth percent.)
Answer:
the percentage is 14.79%
Explanation:
The computation of the percentage is shown below:
= Raise salary ÷ annual salary
= $5,500 ÷ $37,200
= 14.79%
Hence, the percentage is 14.79%
We simply applied the above formula so that the correct percentage could arrive
02:55:5
Candace saved her query for her time cards. After running the query once, she found two more pay slips and
added them to the original data table. Which best describes what will happen?
She will be prompted with an error message saying she cannot modify queries multiple times.
The data will not show up in the new query and will need to be resaved.
She will need to design a new query that includes her new numbers.
When the query is run again, the data that meets the new criteria will be retrieved.
When Candace will need to design a new query that includes her new numbers to get the desired result. Hence, Option D is the correct statement.
What do you mean by query in SQL?A request for facts or statistics from a database desk or a mixture of tables. These facts can be generated as outcomes again via way of means of Structured Query Language (SQL) or as pictorials, graphs or complicated outcomes, for example, fashion analyses from facts-mining tools. This is called as query.
Hence, Option D is the correct statement.
learn more about queries here:
https://brainly.com/question/25694408
#SPJ1
A person that studies how economic theories such as capitalism, socialism, and
communism work in the real world.
A $50 petty cash fund has cash of $20 and valid receipts for $30. the entry to replenish the fund would include a:________
A $50 petty cash register has $20 in cash and $40 in valid receipts. Replenishment entries include: Cash deposit of $30.
Cash book entries are debits to cash accounts and credits to cash accounts. Accountant replenishes cash drawer or box. The cash drawer or box should contain the original amount of cash for the fund. The cashier creates journal entries to record cash receipts.
When you refill the cash register, the cash account is credited with the sum of all expenses since the last time you refilled the cash register. During the bank reconciliation process, pending checks are deducted and checking accounts are added to your statement balance.
For this reason, businesses typically install petty cash boxes that are restocked every two to four weeks. Businesses delegate their cash register responsibilities to a person called a cashier or treasurer.
Learn more about petty cash at
https://brainly.com/question/6893535
#SPJ4
A company wishes to determine the eoq for an item that has an annual demand of 2,000 units, a cost per order of $75, and annual carrying cost of 7. 50 per unit. What is the eoq?.
The EOQ = 200.00
Demand = 2000 units, ordering cost = $75, holding/carrying cost = 7.50 per unit
EOQ= 2x Demand x ordering cost x holding cost
EOQ = 2x 2000 x 75 x 7.50
EOQ = 200.00
In the given question, we will calculate the EOQ by multiplying 2 with the demand, ordering cost or cost per order, and carrying cost.EOQ, or Economic Order Quantity, is the term. It is a measurement that is applied to supply, logistics, and operations management. In its simplest form, EOQ is a tool used to calculate the volume and frequency of orders necessary to meet a specific level of demand while lowering the cost per order.By setting the first-order derivative to zero, the Economic Order Quantity formula is determined by minimizing the overall cost per order. The cost of retaining inventory and the cost of ordering that inventory is the two halves of the formula that make up the overall cost per order.Learn more about Economic Order Quantity here:
https://brainly.com/question/24276677
#SPJ4
Longhorn paid Cattleman's $82,920 to acquire all of its assets and liabilities. Longhorn should record goodwill on this purchase of:
Longhorn should record goodwill on this purchase of $82,920.
Goodwill is an intangible asset that arises when one company acquires another company for a price higher than the fair value of its net identifiable assets. In this case, Longhorn paid Cattleman's $82,920 to acquire all of its assets and liabilities. Since the purchase price exceeds the fair value of Cattleman's net identifiable assets, Longhorn should record goodwill.
Goodwill represents the value of the reputation, brand, customer relationships, and other intangible assets of the acquired company that are not separately identifiable. It reflects the future economic benefits that Longhorn expects to gain from the acquisition. Goodwill is recorded as an asset on Longhorn's balance sheet.
Therefore, Longhorn should record goodwill on this purchase of $82,920 because the purchase price exceeds the fair value of Cattleman's net identifiable assets. Goodwill represents the intangible value that Longhorn expects to gain from the acquisition.
To know more about asset visit:
https://brainly.com/question/16983188
#SPJ11
Which statement best describes the relationship between credit and debt
when you use a credit card?
A. Your debt decreases as you use your credit card more.
B. Your credit decreases as you lower your debt.
C. Your credit stays the same as you lower your debt.
D. Your debt increases as you use your credit card more.
Answer:
D. Your debt increases as you use your credit card more
When you make a purchase something with a credit card, you are borrowing money from someone else. This puts you in debt. You will build up more debt from purchases until you pay the total amount due.
Hope this helps :)
Your debt increases as you use your credit card more is the statement best describes the relationship between credit and debt when you use a credit card. Thus, option (d) is correct.
What is credit card?
A bank will issue plastic or metal "credit cards" as forms of payment. When using a credit card, also known as a payment card, charges are made against a line of credit instead of the account holder's cash deposits. The credit card is more convenient as compare to cash.
By using credit card more frequently, the debt grows. They must pay the minimum amount due on credit card each month by the balance's due date in order to use one, at least.
Therefore, option (d) is correct.
Learn more about on credit card, here:
https://brainly.com/question/27350251
#SPJ5
Side effects such as drowsiness, mental clouding, and nausea
can be a result of taking:
We might anticipate experiencing symptoms like tiredness, mental clouding and nausea when using opioids.
What causes hazy urine, and why?The presence with alkaline is the most frequent cause of murky urine. Water, salts, and waste products from the kidneys make up urine, and the ratio of these elements determines whether it is alkaline or acidic (pH). The pH range for normal urine acidity to alkalinity is 4.5 to 8.
Why does my stomach hurt and my urine seem cloudy?UTIs frequently result in symptoms that are unique to the bladder, such as murky urine and pain when urinating. The infection-causing bacteria, however, can also impact your abdomen, particularly your lower belly. Bloating can happen, along with a lot of pressure, pain, and discomfort.
To know more about clouding and nausea visit:
https://brainly.com/question/1023762
#SPJ1
Vision statements, mission statements, values statements and identifying statements aren’t always developed by PR practitioners or departments, but frequently are __________ by them.
Amogus Amogus Amogus Amogus Amogus
Which main business function is responsible for maintaining employee records?
a.Sales and marketing
b.Human resources
c.Finance and accounting
d.Manufacturing and production
The correct answer is b. Human resources is the main business function that is responsible for maintaining employee records.
This includes maintaining personnel files, tracking employee time and attendance, processing payroll and benefits, and managing employee performance evaluations.
HR is also responsible for recruitment and hiring, employee training and development, and ensuring compliance with labor laws and regulations. By maintaining accurate and up-to-date employee records, HR can ensure that the organization is able to effectively manage its workforce and make informed decisions about staffing and resource allocation.
In contrast, sales and marketing are responsible for promoting and selling the organization's products or services, finance and accounting are responsible for managing financial resources and preparing financial reports, and manufacturing and production are responsible for producing goods or delivering services.
To know more about Human Resource click here:
https://brainly.com/question/13190588#
#SPJ11
Ricardo's theory of _____ advantage states that it makes sense for a country to specialize in the production of those goods that it produces most efficiently and then purchase the goods that it produces less efficiently from other countries, even if this means buying goods from other countries that it could produce more efficiently itself.
Answer:
comparative
Explanation:
A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.
For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.
for country A,
opportunity cost of producing beans = 5/10 = 0.5
opportunity cost of producing rice = 10/5 = 2
for country B,
opportunity cost of producing rice = 5/10 = 0.5
opportunity cost of producing beans = 10/5 = 2
Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice
Country A should specialise in the production of beans and country B should specialise in the production of rice
What is institutional advertising focused on promoting?
A. A company
B. The Internet
C. A service
D. A good
Please select the best answer from the choices provided
Answer:
Product advertising focuses on promoting specific individual products while institutional advertising focuses on your overall brand
Answer:
A. A company
Explanation:
Right on EDGE 2021
The wild dogs sell t-shirts and hats at their games. Last season, they sold 152 total items. Hats cost $8. 50 each and t-shirts cost $12. If their total revenue was $1,656, how many of each item did the wild dogs sell? what is true of the system of equations that represents this scenario? check all that apply. One equation represents the total number of items sold using the price of each item as a rate. One equation represents the total number of items sold, equaling the sum of the variables. One equation represents the total revenue using the price of each item as a rate. One variable represents the total games and the other represents the total number of items sold. One variable represents the total hats sold and the other represents the total t-shirts sold.
The wild dogs sell t-shirts and hats at their games. Last season, they sold 152 total items. the truth about the system of equations that represents this scenario is "One variable represents the total hats sold and the other represents the total t-shirts sold." Option E
What is a system of equations?Generally, To solve this problem, you can set up a system of two equations with two variables: let x be the number of hats sold and y be the number of t-shirts sold.
One equation represents the total number of items sold, equaling the sum of the variables: x + y = 152
One equation represents the total revenue using the price of each item as a rate: 8.50x + 12y = 1656
This system of equations represents the scenario where the total number of items sold and the total revenue are known, and the number of hats and t-shirts sold are unknown variables that need to be solved for.
One variable represents the total hats sold and the other represents the total t-shirts sold. This is true because the variables x and y represent the number of hats and t-shirts sold, respectively.
One equation represents the total number of items sold using the price of each item as a rate. This is not true because the equation 8.50x + 12y represents the total revenue using the price of each item as a rate, not the total number of items sold.
One variable represents the total number of games and the other represents the total number of items sold. This is not true because the variables x and y represent the number of hats and t-shirts sold, not the total games or the total number of items sold.
Read more about the system of equations
https://brainly.com/question/12895249
#SPJ1
the types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy are
The types of companies that make particularly attractive acquisition targets when employing an unrelated diversification strategy
are those that operate in different industries or have diverse product/service offerings. These companies can bring complementary expertise, resources, and customer bases to the acquiring company, reducing its reliance on a single industry or market. By diversifying into unrelated industries, the acquiring company can mitigate risks associated with economic fluctuations or industry-specific challenges, and potentially unlock new growth opportunities. Additionally, acquiring companies with strong management teams, established brand recognition, and scalable business models can further enhance the attractiveness of such acquisition targets for unrelated diversification strategies.
learn more about companies here:
https://brainly.com/question/28258106
SPJ11
Customerization uses ______ and ______ to expand the exchange environment beyond a transaction to make the shopping and buying an enjoyable, personal experience.
TRUE/FALSE. In an allegation of fraud, a fact is considered material if it was of significant importance to the decision to enter into the contract.
True. In an allegation of fraud, a fact is considered material if it was of significant importance to the decision to enter into the contract.
In the context of fraud allegations, a fact is deemed material if It has substantial relevance and significance to the decision-making process of entering into a contract. Materiality is a key element in determining whether fraudulent misrepresentation has occurred. When making a claim of fraud, the party alleging fraud must establish that a false statement of fact was made, the false statement was material, the speaker knew or should have known the statement was false, and the innocent party justifiably relied on the false statement to their detriment.
For a fact to be considered material, it must have influenced the decision-making process of one party and played a significant role in their decision to enter into the contract. The significance of the fact is evaluated based on its potential to affect the outcome of the transaction. If the fact in question had been known or properly disclosed, it could have reasonably influenced the decision of the innocent party, leading to a different course of action.
In legal proceedings related to fraud, the materiality of a fact is a crucial factor in determining liability and potential remedies. It establishes whether a misrepresentation was substantial enough to impact the decision-making process of the affected party. Thus, when assessing fraud allegations, courts consider the importance of the fact in question to ascertain its materiality and its influence on the formation of the contract.
Learn more about Fraud here: https://brainly.com/question/30899493
#SPJ11
What is the mood of a poem called?
The mood of a poem is the atmosphere or feeling created by the poet's words.
What is the name for the poem's mood?It is the emotional reaction of the reader to the poem that can be described in terms of attitude, tone, and emotion. A poem’s mood can be conveyed through its theme, imagery, sound, and diction.The mood of a poem is often established by the poet’s choice of language. Poets use a variety of words to create a particular mood. For example, words used may be dark and depressing, joyous and uplifting, or mysterious and enigmatic. The poet’s choice of language can also be used to express a particular emotion such as love, anger, or despair.The atmosphere of a poem is also determined by its structure. The way the poem is organized and the poetic devices used in it can contribute to the overall mood of the poem. For instance, a poem with a consistent rhyme scheme and meter will usually create a sense of order and structure, while a poem that uses a freer form of writing may give the reader a sense of chaos.Finally, the title of a poem can also influence its overall mood. A poem with a tragic title may evoke a sense of sadness or despair, while a poem with a positive title may evoke feelings of joy or optimism. In short, the mood of a poem is determined by the poet’s choice of language, structure, imagery, symbols, and title. It is the emotional response of the reader to the poem, which can be described in terms of attitude, tone, and emotion.To learn more about the mood of a poem refer to:
https://brainly.com/question/30124084
#SPJ4
Which of the following countries has an absolute advantage in coffee production?
Group of answer choices
A) United States
B) Saudi Arabia
C )Ireland
B) Brazil
Answer:
Brazil
Explanation:
because Brazil produces more Coffee overall compared to the other countries given the same input