2805.1041600.003466.67Sample company Name, 123 My Home Street, WINIPEG MB CANADA, R2W 2Y8John Smith3737.50EMPLOYEE ID123456INCOMEREGULAROVERTIMEYTD GROSS39,675.00RATE2025HOURS805YTD DEDUCTIONS9,897.82PERIOD ENDING2013/11/25CURRENT TOTAL1,600.00125.00YTD NET PAY29,777.18CPPElHere is a paystub for John Smith calculate his gross monthly income, he is paid bi-weekly:DEDUCTIONSCURRENT TOTAL1,725.00PAY DATEINCOME TAXUNION DUESLIFE INSURANCELONG TERM DISABILITYCANADA SAVING BONDS2013/11/20EARNINGS STATEMENTCURRENT TOTAL65.0328.62305.9010.844.947.018.00DEDUCTIONS430.34CHECK NUMBER321654YEAR TO DATE1,495.69658.267,035.70249.32113.62161.23184.00NET PAY1,294.66S

Payments are paid to the empolyees based on the hourly rate and are paid for the over time also and…

Answered: 123456 INCOME REGULAR OVERTIME YTD…

Essentials Of Investments

11th Edition

ISBN:9781260013924

Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.

Chapter1: Investments: Background And Issues

Section: Chapter Questions

Problem 1PS

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Question 1. Trial balanceLand and premises 2000000Furniture 120000Inventory (01/04/19) 80000Import on duty 4000Wages of contract workers 46000Salaries 64000Carriage for goods purchased 5200Carriage for goods sold 12400Discounts 24900 25080Purchases and sales 705200 237252200 Rent 11200 13000Commission 15600 17400Bills receivable 1080012% investment (1/10/19) 136000Donation to national fund 1260010% bank loan 112000Factory rent 64000Receivables and payables 920000 240000eBank 728000Bad debts 66000 Provision for doubtful debts 20000Rates and taxes 31200BrokerageCapitalQueen corona 500000Queen covid 500000Current accountQueen corona 20000Queen covid 128000 Additional informationDue to the economic recession at the moment, the partners estimated that more of their receivables may not be able to settle their debts, hence, they wrote off additional debts of GHc 15000 and agreed to maintain provisions for doubtful debts at 5%.They agreed to provide for discount on receivables at 5%.All…
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ance, in Advance on On Cive Journal Enures u Vendsh x 10 = ? 50,000, Amount received : App. 50,000 (20,0 h x 2,50). AIL 5,000 50 (19.500 Sh. x 2.50), I call ? 22,500 (18,000 Sh. x 1.25), Sec. (15,000 Sh. x 1.26), Total of B/S 2,90,000.] 360 180 (Total 540) (C) Forfeiture of Shares eration other than Cash Porfeiture of Shrres Issued at Par Forfeited by the directors. Give Journal Entries for the above. fortefoney Received : App. 7 20,000; Allot. 7 30,000; I Call ? 28,200; II & Final Call 18,000: issued at par to Bihar Ltd. Share forfeiture 7 6,200] hirem Ltd. invited applications for issuing ? 80,000 Equity shares of 10 each. The amount was payable as follows: On Application On Allotment On First and Final Call Applications for 77,000 shares were received. Shares were allotted at all the applicants. Sundaram to whom 7,000 shares were allotted failed to pay the allotment money. His shares were forfeited immediately after allotment. Rudra, the holder of ? 500 shares failed to pay the…

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