Question 25 of 30 . True or False - When creating a time slip in Sage 50, you can only enter the time using the available timer. True False   26 of

2. Prepare a general journal entry to record the payroll. The firm's general ledger contains a Wages Expense account and a Wages Payable account. Then assuming that the firm has transferred funds from its regular bank account to its special payroll bank account and that this entry has been made, prepare a general journal entry to record the payment of wages. If required, round your intermediate calculations and the final answers to the nearest cent and use the rounded answers in subsequent computations. If an amount box does not require an entry, leave it blank.   GENERAL JOURNAL PAGE       DATE DESCRIPTION   POST. REF. DEBIT CREDIT 20--     Oct. 14       fill in the blank 177445fc1f8a014_2 fill in the blank 177445fc1f8a014_3               fill in the blank 177445fc1f8a014_5 fill in the blank 177445fc1f8a014_6               fill in the blank 177445fc1f8a014_8 fill in the blank 177445fc1f8a014_9               fill in the blank 177445fc1f8a014_11 fill in the blank…

What should i do?  Record the Contracted services of $82,500 as performed. Note: Enter debits before credits.         Transaction General Journal Debit Credit 6b

In this section, you are asked to review and comment on the one of the business cycles provided. Complete steps 1 and 2 prior to preparing your response: 1. Choose from one of the following cycles: Payroll or Purchasing. 2. Review the list of main activities in the cycle you chose (a summary of main activities is listed for each cycle) from the table below. Payroll Activities 1. Hiring Employees 2. Authorizing Payroll Changes Purchasing Activities 1. Requisitioning goods and services 2. Preparing purchase orders

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[The following information applies to the questions displayed below.] The following information is available for ADT Company, which produces special-order security products and uses a job order costing system. Overhead is applied using a predetermined overhead rate of 55% of direct labor cost. Inventories Raw materials Work in process Finished goods Beginning of period $ 48,000 9,000 65,000 Cost incurred for the period Raw materials purchases Factory payroll Factory overhead (actual) Indirect materials used Indirect labor used Other overhead costs End of Period $ 43,000 20,700 34,900 $ 179,000 250,000 12,000 57,500 114,500

Week Eleven Discussion Board-Chapter 10 125125 unread replies.126126 replies. Click on "Week Eleven Discussion Board ". Follow directions. They are as follows: (required) To start, click on "Week Eleven Discussion Board " and then click on "Reply". Take the time to answer the following question: To match revenues and expenses properly, should the expense for employee vacation pay be recorded in the period during which the vacation privilege is earned or during the period in which the vacation is taken? Explain. Discuss with your fellow classmates.

Review the sales journal below. (Click the icon to view the sales journal.) Read the requirements. Requirement 1. Total each column of the sales journal. Date 2024 Jun. Jun. 1 8 101 Fletcher Jay 102 Iliana Flower 13 103 Jesse Thomas 28 104 George Westerberg 30 Totals 1. 2. Invoice No. Requirements 3. 4. Customer Account Debited Sales Journa Post. Accounts Receivable DR Ref. Sales Revenue CR Total each column of the sales journal. The following four-column accounts in the accounts receivable subsidiary ledger have been opened for you: Accounts Receivable-Flower; Accounts Receivable Jay; Accounts Receivable-Thomas; Accounts Receivable-Westerberg. Post the transactions to the accounts receivable subsidiary ledger. 1,260 2,225 360 900 Print The following selected four-column accounts in the general ledger have been opened for you: Accounts Receivable (112); Merchandise Inventory (118), Bal. $4,800; Sales Revenue (411); Cost of Goods Sold (511). Post the total of each column to the general…

Can you help me with this problem? I'm having trouble finding the values for the net pay. Thanks!

Give answer within 45 min...I will give you up vote immediately.... it's very urgent...thank you...