Need Help with Prevosti Farms and Sugarhouse Form 941 How to get proper calculations?
The first quarter tax return needs to be filed for Prevosti Farms and Sugarhouse by April 15, 2020. For the purpose of the taxes, assume the second February payroll amounts were duplicated for the March 6 and March 20 payroll periods and the new benefit elections went into effect as planned. The form was completed and signed on April 10, 2020.
Homework Answers
Request Answer!
We need at least 9 more requests to produce the answer.
1 / 10 have requested this problem solution
The more requests, the faster the answer.
Add Answer to:
Need Help with Prevosti Farms and Sugarhouse Form 941 How to get proper calculations?
Please answer the whole question. Francisco Company has 10 employees, each of whom earns $2,900 per...
Please answer the whole question.Francisco Company has 10 employees, each of whom earns $2,900
per month and is paid on the last day of each month. All 10 have
been employed continuously at this amount since January 1. On March
1, the following accounts and balances exist in its general
ledger:FICA—Social Security Taxes Payable, $3,596; FICA—Medicare Taxes
Payable, $842. (The balances of these accounts represent total
liabilities for both the employer's and employees' FICA
taxes for the February payroll only.)Employees'...
PLEASE HELP ! I need the journal entries, I know for sure the accounts names for each journal is right, but not sure about the actual numbers. (Disregard my numbers I have) Problem 9-6AA E...
PLEASE HELP !
I need the journal entries, I know for sure the accounts names
for each journal is right, but not sure about the actual numbers.
(Disregard my numbers I have)
Problem 9-6AA Entries for payroll transactions LO P2, P3, P5 Francisco Company has 20 employees, each of whom earns $3,200 per month and is paid on the last day of each month. All 20 have been employed ledger ly at this amount since January 1. On March 1,...
hii! i need help with requirements 6-8 PROBLEME 9,000 900 Objective The objective of Problem 3...
hii! i need help with requirements 6-8
PROBLEME 9,000 900 Objective The objective of Problem 3 is to reinforce your understanding of the preparation of budgets 16,800 Operating and Financial Budgets. Lynn has become concerned about the cash needs for th e cows. You have been asked to prepare some budgets related to the production and sales of water bottles for the first quarter of 2020: the three months of January February and March and the quartier in total Lyrwald...
I need certified help with the question below. I need the question answered "CORRECTLY" ASAP! Please...
I need certified help with the question below. I need the question answered "CORRECTLY" ASAP! Please show work.. Thanks! During the fourth quarter of 2019, there were seven biweekly paydays on Friday (October 4, 18; November 1, 15, 29; December 13, 27) for Quality Repairs. Using the forms supplied below, complete the following forms for the fourth quarter. If an amount or input box does not require an entry, leave it blank or enter "0". Quarterly Payroll Data Total Earnings...
Self-Study Problem 9.4 For the first quarter of 2018, Charlotte York has two employees. The payroll...
Self-Study Problem 9.4 For the first quarter of 2018, Charlotte York has two employees. The payroll information for these two employees for the first quarter is as follows: Mary Chris January February March January February March Gross wages $2,000 $2,000 $2,100 $1,000 $1,000 $1,500 Federal income tax withheld 230 230 235 60 60 180 FICA tax withheld 153 153 161 77 77 115 Charlotte deposited $750 on February 15, $750 on March 15, and $967 on April 15. Using this...
Please complete all required lines Employees are paid weekly on Friday. The following paydays occurred during this qua...
Please complete all required lines Employees are paid weekly on Friday. The following paydays occurred during this quarter: July August September 5 weekly paydays 4 weekly paydays 4 weekly paydays Taxes withheld for the 13 paydays in the third quarter follow: Employees’ Weekly Weekly Federal Income Tax FICA Taxes Withheld on Wages FICA Taxes on Tips OASDI HI OASDI HI $700 per week Employees' $500.65 $117.11 Employees' $48.07 $11.24 Employer's 500.65 117.09 Employer's 48.07 11.24 Based on the information given,...
Near the end of 2019, the management of Dimsdale Sports Co., a merchandising company, prepared the following estimated balance sheet for December 31, 2019.
To prepare a master budget for January, February, and March of 2020, management gathers the following information. The company’s single product is purchased for $20 per unit and resold for $56 per unit. The expected inventory level of 5,250 units on December 31, 2019, is more than management’s desired level, which is 20% of the next month’s expected sales (in units). Expected sales are January, 7,250 units; February, 9,000 units; March, 10,750 units; and April, 10,000 units.Cash sales and credit sales...
Near the end of 2019, the management of Dimsdale Sports Co., a merchandising company, prepared the...
Near the end of 2019, the management of Dimsdale Sports Co., a merchandising company, prepared the following estimated balance sheet for December 31, 2019. DIMSDALE SPORTS COMPANY Estimated Balance Sheet December 31, 2019 Assets Cash $ 36,500 Accounts receivable 520,000 Inventory 105,000 Total current assets $ 661,500 Equipment 612,000 Less: Accumulated depreciation 76,500 Equipment, net 535,500 Total assets $ 1,197,000 Liabilities and Equity Accounts payable $ 375,000 Bank loan payable 12,000 Taxes payable (due 3/15/2020) 89,000 Total liabilities $ 476,000...
Near the end of 2019, the management of Dimsdale Sports Co., a merchandising company, prepared the...
Near the end of 2019, the management of Dimsdale Sports Co., a
merchandising company, prepared the following estimated balance
sheet for December 31, 2019.
DIMSDALE SPORTS COMPANY
Estimated Balance Sheet
December 31, 2019
Assets
Cash
$
36,000
Accounts receivable
520,000
Inventory
135,000
Total current assets
$
691,000
Equipment
600,000
Less: Accumulated depreciation
75,000
Equipment, net
525,000
Total assets
$
1,216,000
Liabilities and Equity
Accounts payable
$
340,000
Bank loan payable
12,000
Taxes payable (due 3/15/2020)
88,000
Total liabilities
$
440,000...
Near the end of 2019, the management of Dimsdale Sports Co., a merchandising company, prepared the...
Near the end of 2019, the management of Dimsdale Sports Co., a
merchandising company, prepared the following estimated balance
sheet for December 31, 2019.
DIMSDALE SPORTS COMPANY
Estimated Balance Sheet
December 31, 2019
Assets
Cash
$
36,000
Accounts receivable
520,000
Inventory
100,000
Total current assets
$
656,000
Equipment
528,000
Less: Accumulated depreciation
66,000
Equipment, net
462,000
Total assets
$
1,118,000
Liabilities and Equity
Accounts payable
$
365,000
Bank loan payable
14,000
Taxes payable (due 3/15/2020)
89,000
Total liabilities
$
468,000...
Please answer the whole question.Francisco Company has 10 employees, each of whom earns $2,900
per month and is paid on the last day of each month. All 10 have
been employed continuously at this amount since January 1. On March
1, the following accounts and balances exist in its general
ledger:FICA—Social Security Taxes Payable, $3,596; FICA—Medicare Taxes
Payable, $842. (The balances of these accounts represent total
liabilities for both the employer's and employees' FICA
taxes for the February payroll only.)Employees'...
PLEASE HELP !
I need the journal entries, I know for sure the accounts names
for each journal is right, but not sure about the actual numbers.
(Disregard my numbers I have)
Problem 9-6AA Entries for payroll transactions LO P2, P3, P5 Francisco Company has 20 employees, each of whom earns $3,200 per month and is paid on the last day of each month. All 20 have been employed ledger ly at this amount since January 1. On March 1,...
hii! i need help with requirements 6-8
PROBLEME 9,000 900 Objective The objective of Problem 3 is to reinforce your understanding of the preparation of budgets 16,800 Operating and Financial Budgets. Lynn has become concerned about the cash needs for th e cows. You have been asked to prepare some budgets related to the production and sales of water bottles for the first quarter of 2020: the three months of January February and March and the quartier in total Lyrwald...
Near the end of 2019, the management of Dimsdale Sports Co., a
merchandising company, prepared the following estimated balance
sheet for December 31, 2019.
DIMSDALE SPORTS COMPANY
Estimated Balance Sheet
December 31, 2019
Assets
Cash
$
36,000
Accounts receivable
520,000
Inventory
135,000
Total current assets
$
691,000
Equipment
600,000
Less: Accumulated depreciation
75,000
Equipment, net
525,000
Total assets
$
1,216,000
Liabilities and Equity
Accounts payable
$
340,000
Bank loan payable
12,000
Taxes payable (due 3/15/2020)
88,000
Total liabilities
$
440,000...
Near the end of 2019, the management of Dimsdale Sports Co., a
merchandising company, prepared the following estimated balance
sheet for December 31, 2019.
DIMSDALE SPORTS COMPANY
Estimated Balance Sheet
December 31, 2019
Assets
Cash
$
36,000
Accounts receivable
520,000
Inventory
100,000
Total current assets
$
656,000
Equipment
528,000
Less: Accumulated depreciation
66,000
Equipment, net
462,000
Total assets
$
1,118,000
Liabilities and Equity
Accounts payable
$
365,000
Bank loan payable
14,000
Taxes payable (due 3/15/2020)
89,000
Total liabilities
$
468,000...
Most questions answered within 3 hours.
-
suppose a research organization conducts of annual expenditures.
The sampling bias of one sort or another...
asked 32 seconds ago -
A positive charge traveling along a magnetic field experiences
no magnetic force (True,False)
asked 7 minutes ago -
Propose a mechanism for the photoreduction of acetaphenone. How
many products can be formed? Draw their...
asked 6 minutes ago -
Fogerty Company makes two products—titanium Hubs and Sprockets.
Data regarding the two products follow:
Direct
Labor-Hours...
asked 9 minutes ago -
The correct answer will be upvoted with positive feedback,
giving me incorrect answers will result in...
asked 39 minutes ago -
Question:
Evaluation: Answer both (a) and (b): (a) Looking at
Table 6.1 in our text, explain...
asked 48 minutes ago -
What is the maximum number of edges that a graph on 7 vertices can
have if...
asked 1 hour ago -
Question 05
(a) i) What are the three type of general defects in welding?
ii) Explain...
asked 54 minutes ago -
If the wage rate increases from $12 to $16 and, as a result, the
quantity demanded...
asked 59 minutes ago -
the slime layer external to the prokaryotic cell wall is called
the ?
asked 1 hour ago -
Cheyenne Company must decide whether to make or buy some of its
components. The costs of...
asked 1 hour ago -
What is the entropy change for mixing 1 liter of a monoatomic
ideal gas (call it...
asked 1 hour ago