Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. for the payroll period ended on october 19, 2016,

For the payroll period ended on October 19, 2016, gross pay was $22,300, net pay...

70.2K

Verified Solution

Question

Accounting

For the payroll period ended on October 19, 2016, gross pay was $22,300, net pay was $17,000, FICA tax withholdings were $1,500, income tax withholdings were $3,000, and medical insurance contributions were $800. Required: Use the horizontal model (or write the journal entry) to show the effects of the payroll accrual on October 19, 2016.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

32 Hydrogen peroxide solution 20 mL reacts quar with a solution of KMnO4 20 mL...

Physics
Q

Let p represent any number in the interval 6 22 Rewrite the possible values for...

Basic Math
Q

Explain the following code. What language? What does it do? What is the result? SELECT date_trunc('month',date),avg(value) FROM rain GROUP...

Electrical Engineering
Q

Using definitions of dot product and cross product, show that dot product and cross product are...

Advance Math
Q

The DNA molecule has a ladder-type structuralorganization. Each rung of this ladder represents(1) alternating phosphate...

Biology
Q

Where are metalloids located in the periodic table O Between metals and nonmetals O Below...

Biology
Q

135200 00 B D E Sales Depreciation,...

Accounting
Q

Hercules Wholesalers Ltd has been particularly concerned with its liquidity position in recent months. The...

Accounting
Q

Please assist , and show how the amounts of debit and credit total at eh...

Accounting
Q

EXERCISE 10-15. Performance Report [LO 3] Prepare a performance report for Imperial Data Devices using...

Accounting
Q

Qu dos opciones existen para reducir la cantidad de pginas impresas al completar una declaracin...

Accounting
Q

Q5: Q6: 5) Suppose that the risk-free rate...

Finance