Explain the use of the Cumulative column in the employee's earnings record.

Question:

Explain the use of the "Cumulative" column in the employee's earnings record.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For answer-question

Payroll Accounting 2016

ISBN: 978-1337072649

26th edition

Authors: Bernard J. Bieg, Judith Toland

See More Books

Question Posted: Oct 25, 2016 10:56 AM

See More Questions

Explain the use of circuit breakers.
Explain the use of a drawing account in a partnership.
Explain the use of a citator and describe its purposes.
For what number does the principal square root exceed eight times the number by the largest amount?
Stay Warm, Inc., produces extreme-weather parkas in three operationscutting, assembling, and finishing. The parkas sell for $120 each. Stay Warms managers find it has a cutting bottleneck due to...
Mudpack, Inc., a prominent consumer products firm, is debating whether to convert its all-equity capital structure to one that is 30 percent debt. Currently, there are 7,000 shares outstanding, and...
Identify the most appropriate approach and then design. Provide a rationale as to why this approach and design would be most appropriate. Develop a hypothetical research scenario that would...
The citizens of Spencer County approved the issuance of $2,000,000 in 6 percent general obligation bonds to finance the construction of a courthouse annex. A capital projects fund was established for...
If Bob faces a 20% chance of losing $20 or an 80% chance of losing nothing. What is the expected loss and variance?
The article "Objective Measurement of the Stretchability of Mozzarella Cheese" (J. of Texture Studies, 1992: 185-194) reported on an experiment to investigate how the behavior of mozzarella cheese...
For what reason are "distribution" columns sometimes provided in the payroll register?
In Philadelphia, Pennsylvania, most workers are subject to three income taxes upon their earnings-federal, state, and city. Should an employer in Philadelphia record the liability for the withholding...
A corporate bond is quoted at a price of 103.16 and carries a 6.50 percent coupon. The bond pays interest semiannually. What is the current yield on one of these bonds?
For the second question, the insurer would not make a positive economic profit if they offer a premium of $2,000. The expected healthcare costs for the low-risk subgroup are $1,000 (10% x $10,000),...
Triple A Office Mart Income Statement (selected years) 1990 1989199019911992 Sales$3,800,000$4,180,000$4,850,000$6,000,000 Cost of goods sold(2,460,000)(2,975,000)(3,200,000)(4,180,000) Gross...
375 mm E A 80 N Find reactions at C and tension in the cable. B C a = 300 mm 200 mm 400 mm 175 mm
When last did you purchase something? Do you think there were elements of choice architecture evident during this purchase? How do you think these elements influenced your decision to purchase the...
Which ratio did you choose? Explain what this ratio means. What were the results of your calculation? Show your work to the class, including the formula you used and the data you input for your...
Suppose that you have declared a numeric array named values that has 13 elements. Which of the following must be true? a. values[0] is smaller than values[1] b. values[2] is stored adjacent to...
On July 1, 2011, Flashlight Corporation sold equipment it had recently purchased to an unaffiliated company for $480,000. The equipment had a book value on Flashlights books of $390,000 and a...
Leah Wilson's weekly gross earnings for the week ending September 5 were $600, and her federal income tax withholding was $65.85. Prior to this week, Wilson had earned $21,500 for the year. Assuming...
The payroll register of Lowry Landscaping Co. indicates $1,260 of social security withheld and $315 of Medicare tax withheld on total salaries of $21,000 for the period. Federal withholding for the...
The payroll register of Tri-State Construction Co. indicates $25,650 of social security withheld and $6,750 of Medicare tax withheld on total salaries of $450,000 for the period. Retirement savings...
(1) Given a soil with a moist unit weight of 107.7 pcf, a moisture content of 18.0 % and a specific gravity of 2.72, fill in all the blanks on the phase diagram. Also, find the void ratio, porosity,...
What are the importance of geotechnical engineering in building construction and civil engineering ?
Part #3 Consolidation test results of a settlement versus time on a soil sample for an increment of 200 kPa vertical stress is shown in the following table. Determine the value of the Coefficient of...

Explain the use of the Cumulative column in the employee's earnings record.

Question:

Step by Step Answer:

The Cumulative column in the employees earnings record is used to re...View the full answer

Payroll Accounting 2016

Students also viewed these Accounting questions