Answer:
there are no options, but the journal entry should be:
Dr Cash 2,500
Dr Investment in bonds 350
Cr interest revenue 2,850
Explanation:
Since the bonds' carrying value is less than the face value, it means that Gardner Company purchased them at a discount. When the bonds were purchased, the investment in bonds account's balance was not $100,000 (the par value), instead it was recorded at the lower amount at which they were purchased. As coupon payments are received, the discount on the bonds is amortized and their carrying value should increase until it reaches par value on maturity date.
I<span>f the container store owners/managers were to walk around and personally thank each employee for doing a good job, then this would be a motivating factor. This action exhibits a good environment as well for employees to foster as they're performances are acknowledged by their employers. if this goes on, this will inspire many employees to alleviate their status.</span>
Answer:
- $104.50
- $67.50
- $65.50
- $77.50
- $56.50
Explanation:
the income tax to withhold from the biweekly wages are :
- <u> </u><u>Karen Overton (single, 0 allowances), $900 wages</u>
=$34.90 + ($900 - 436) x 15%
= $104.50
- <u> Nancy Haller (married, 4 allowances), $1,000 wages </u>
=($1000 - 325 ) x 10%
= $67.50
- <u>Alan Glasgow (married, 1 allowance), $980 wages </u>
=($980 - 325 ) x 10%
= $65.50
- <u>Joseph Kerr (single, 4 allowances), $720 wages </u>
= $34.90 + ($720 - $436) x 15%
= $77.50
- <u> </u><u>Ginni Lorenz (single, 1 allowance), $580 wages</u>
= $34.90 + ($580 - $436) x 15%
= $56.50
