Topic # 1: What is required of an employer by the Federal Insurance
Today we will be discussing the Federal Insurance Contributions Act or
more commonly known as FICA deductions on ones paystubs. We will also review
how and what these c
Discuss the benefits of a worksheet. Explain how the financial reports are
prepared from the worksheet.
In the day to day operations of a business an accountant is responsible for
paychecks, financial reports, paying bills, and filing paperwork. With ever
Jon Michalik #65690
January 27, 2015
Topic#3: Prepare in proper form journal entries for the following transactions that occurred
during May. Omit explanations
Topic # 1: Determine the amount to be paid within the discount period for purchase
with an invoice price of $7,745, subject to credit terms of 2/10, n/30. Explain how you
reached your answer.
Credit terms, by basic definition, is a contractual a