bath design QS

01/04/2011	Employees’ Income Tax Payable	15,812.27		Okay this is what I got and this is what you put so is mine wrong?	4	PAID STATE NATIONAL BANK $22,866.74 FOR DECEMBER PAYROLL TAXES PAYABLE AS FOLLOWS: EMPLOYEES' INCOME TAX PAYABLE, $8,964.44; FEDERAL UNEMPLOYMENT TAX, $319.19; STATE UNEMPLOYMENT TAX, $406.22.	INCOME TAX PAYABLE	$ 13,176.89
	Cash		15,812.27				FICA TAX PAYABLE	$ 8,964.44
							FEDERAL UNEMPLOYMENT TAX PAYABLE	$ 319.19
01/04/2011	FICA Tax Payable	9,143.73					STATE UNEMPLOYMENT TAX PAYABLE	$ 406.22
	Cash		9,143.73				CASH		$ 22,866.74

01/04/2011	Federal Unemployment Tax Payabl	319.19
	Cash		319.19

01/04/2011	State Unemployment Tax Payable	406.22
	Cash		406.22



01/05/2011	Various	30,651.60		What does Various mean	5	SOLD AND SHIPPED JOB NO. 403 TO THE APPROPRIATE CUSTOMER. ALL SALES ARE ON ACCOUNT 1/10 NET 30 DAYS, FOB SHIPPING POINT. LUXURIOUS SPA, INC. MARKS UP ALL WORK BY 40% OF THE JOB COST. REFER TO THE INDIVIDUAL JOB ORDER COST SHEET FOR THE TOTAL COST OF THE JOB AND MULTIPLY THE TOTAL COST BY 140% TO DETERMINE THE SELLING PRICE FOR EACH JOB.
	Sales		30,651.60			LUXURIOUS SPA, INC. MAINTAINS A PERPERUAL INVENTORY SYSTEM. EACH TIME A SALE IS MADE TO A CUSTOMER, YOU MUST DEBIT COST OF GOODS SOLD AND CREDIT FINISHED GOODS FOR THE COST OF THE JOB.
	Cost of good sold	21,894.00
	Finished Goods		21,894.00


01/17/2011	Cost of good sold	1,000.00		is this correct. Just verifying.	17	REEQUISITIONED $1,117.50 OF INDIRECT MATERIALS AND FACTORY SUPPLIES TO BE USED IN ALL FACTORY JOBS CURRENTLY IN PROCESS. (MATERIALS REQUISITION NO. 684.)
	Finished Goods		1,000.00

01/16/2011	Factory overhead Actual	614.50
	Indirect Materials and Factory		614.50


				I DIDN'T FIND ANSWER TO THIS ONE	31	RECEIVED A CHECK FROM SMITH CONTRACTORS FOR THE AMOUNT DUE

				I DIDN'T FIND ANSWER TO THIS ONE	31	RECEIVED A CHECK FROM LOREN BUILDERS FOR THE AMOUNT DUE AFTER THE DISCOUNT PERIODS HAS EXPIRED.

11 years ago

Report issue

bath design QS

NOT RATED

Purchase the answer to view it

bath_design.xls