Use this information to answer the following question. Baker Company has the following information for the pay period of January 1-15, 2010 . Payment occurs on January 20. Gross payroll $16,000 Federal income taxes withheld $1,800 Social security and Medicare rate 7.65% Federal unemployment tax rate .8% State unemployment tax rate 5.4% The entry to record the payroll would include a
a. debit to Salaries Payable for the net amount.
b. credit to State Unemployment Tax Payable.
c. debit to Salaries Expense for the amount paid to the employees.
d. debit to Salaries Expense for the gross payroll.
D
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Gordon has just finished his sales presentation when his prospect says," I love your accounting software but I must discuss it with my boss." Identify the type of objection being utilized by the prospect.
A. No-need B. Hidden C. Stalling D. Forestalling E. Anticipatory
If you aim to convince listeners that climate change is a reality, your purpose is to explain
Indicate whether the statement is true or false
Food Packagers Union represents the workers of Garden Variety, Inc The company does not require its new hires to join the union as a prerequisite to obtaining employment. Food Packagers would like Garden Variety to require the workers to join after a specified amount of time on the job. This would violate
a. federal labor law. b. federal immigration law. c. federal wage and hour laws. d. no federal law.
All of the following are correct concerning stop payment orders, except: ______
A) a stop payment order may be issued if a payee has failed to perform under a contract. B) a stop payment order does not prevent a holder in due course from demanding payment. C) a stop payment order is invalid for some forms of checks. D) a stop payment order must be in writing to be effective.