Introduction R.A.W.S Auto Supply & General Merchandise is located at 649 La Forteza‚ Brgy 175 Camarin‚ Caloocan City owner with Mr. and Mrs. Rosa Santos. They have 10 suppliers for the supply and 5 people to accommodate their store. They came up with the store name to the acronym of their names. R.A.W.S Auto Supply & General Merchandise start 2000 and manage first by Mr. Andy Tam-og then after 4 years Mr. & Mrs. Rosa Santos buy this store and until now they manage it. The ordering
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13-11‚ 13-19 December 10‚ 2012 DR CR Salaries and Wages Expense $480‚ 000 Withholding Taxes Payable $80‚000 FICA Taxes Payable $28‚040 Union Dues Payable $9‚000 Cash [($480‚000 – $140‚000) X 7.65% = $26‚010] $362‚960 Payroll Tax Expense $29‚440 FICA Taxes Payable $140‚000 X 1.45% = $2‚030; $26‚010 + $2‚030 = $28‚040 $28‚040 FUTA Taxes Payable [($480‚000 – $410‚000) X .8%) $560 SUTA Taxes Payable [$70‚000 X (3.5% – 2.3%)] $840
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for the disabled and unemployed elderly. This act gave people more determination to find a job‚ knowing that if they became unemployed afterwards‚ they could cash in on unemployment insurance (Historical Background). In January of 1937‚ the first payroll taxes‚ meaning taxes out of a worker’s salary‚ for Social Security were collected‚ and the first monthly payments were made in 1942 (Historical Background). In 1939‚ two amendments to Social Security were made to supply payments to the spouse and
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Automated Payroll System Chapter 1-Introduction 1. Background of the Study “Kainan ni Aling Cadiang” was started on November 1997‚ before it was a canteen where in they have four stall located at Farmers Market Araneta Cubao Q.C.In 2004‚ the place was renovated by the Farmers Market Management and turn it into “Dampa sa Farmers Market” Mr.Diosdado Monchito S. Bondoc‚ The stall owner‚ has decided to retain his place on the management. But for this time‚ he only has one stall to operate. The
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in Payroll and Personnel Audit Cycle 2. Give TWO (2) examples of each of Substantive Analytical Procedures in Payroll & Personnel Audit Cycle when auditing the accounts below: i- Payroll Expense Accounts ii- Payroll-Related Accrual Accounts 3. Describe the duties that are performed within the personnel‚ timekeeping‚ and payroll processing functions. 4.a. Describe what are the key authorisation points in a payroll system. b.Explain the importance of establishing control procedures over
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A Proposed Payroll System For Kasaup Man power Services A Thesis Presented to the Faculty of Computer Technology Department Of Systems Plus College Foundation Miranda St.‚ Angeles City‚ Pampanga In partial Fulfillment of the Requirements for the Associate Computer Technology By: Gagui‚ John Nerie C. Nelmida‚ Marion Patrick E. Salva‚ Kimmuel R. March 2011 TABLE OF CONTENTS Acknowledgements ………………………………………………………………. 1 Dedication …………………………………………………………………………. 2 Chapter
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Social Security and the Economy John Damon McCulley COM/156 – University Composition and Communication II 10/27/10 Laurie Ryan Axia College of University of Phoenix Even though according to the government‚ Social Security will be funded until the year 2040 (Social Security Administration‚ 2010)‚ Social Security will not subsidize all of American taxpayer’s retirement because the Baby Boomer generation began retiring in 2008‚ by 2030‚ there will be 34 million more Americans drawing
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History: More Than 85 Years of Philippine Partnership Caltex gained its foothold in the Philippines in 1917 when Texas Company (as Texaco was then known) began marketing the products in the Philippines through a local distributor‚ Wise and Co. Four years later‚ Texaco (Philippines) was formally established and opened its office in Binondo‚ Manila. Eleven years later‚ its Pandacan warehouse depot was converted into a key distribution terminal to bring products by barge to nearby provinces. By 1936
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Feedback — Final Exam You submitted this quiz on Tue 5 Mar 2013 12:11 AM MSK. You got a score of 19.00 out of 25.00. You can attempt again‚ if you’d like. ------------------------------------------------- Начало формы Question 1 Which of the following describes the formula for calculating your net worth? Your Answer | | Score | Explanation | Assets – Liabilities = Net Worth | ✔ | 1.00 | | Total | | 1.00 / 1.00 | | Question 2 A cash flow statement tells you Your Answer | | Score
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Alexandra Pentel Developing an Environmentally Friendly Pesticide Procedure In order to begin‚ four vials of wild type Drosophila melanogaster‚ a set of vials‚ netting‚ sponge plugs‚ media‚ yeast‚ and FlyNap® were obtained from Carolina Biological Supply Company. Catalog numbers 172100 and 171905 were ordered which included the various fly vials and a basic fly care set. All experiments were conducted at Dr. Halloran’s school lab at 7400 San Jose Boulevard‚ Jacksonville‚ FL 32217. All usage of
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