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What else can I help you with?
Which forms of reference should you use in order to calculate pay period earnings and taxes?
Employers supplemental pay guide
Retained earnings at the end of the period is equal to?
beginning retained earnings +net income+dividends
How much do you take home per month after taxes if you make 57000 per year?
The net amount that is on the paycheck that you have in your hand is your net pay for the pay period after all of the federal taxes and other necessary withholding amounts have been withheld from your gross earnings by your employer payroll department. You should get the information from your employer payroll department if you really need to know the correct numbers or amount that should be deducted from your gross earnings.
How many taxes should be taken out of your paycheck?
Social Security and medicare insurance amount of 7.65% will be withheld from your gross pay plus the other amount the employer payroll department will be required to withhold from your gross pay before they issue you your NET take home paycheck for the pay period. Then you will also have other federal income tax amounts and other items that your employer payroll department will be required to withhold from your gross earnings. You should ask the employer payroll department for the amounts that they will have to withhold from your gross earnings.
Is a company earnings are the same as its revenue?
A company's earnings are equal to revenue less costs of production over a given period of time.
Which forms of reference should you use in order to calculate pay period earnings and taxes?
Employers supplemental pay guide
Can you refuse to work a notice period after resigning?
You do not have to serve your notice period, but your employer will probably give you an indifferent reference. Will your next employer be concerned that you may do the same thing again? If you can serve your notice, do it. You will be glad you did in the months and years to come.
Retained earnings at the end of the period is equal to?
beginning retained earnings +net income+dividends
Do you collect from your last employer?
You collect from the state you work in. The state evaluates all your earnings in the base period and decides which or how many employers would be charged against and the accumulative wages are used to determine the amount of your benefits.
Does net income for the period equal retained earnings for the same period?
If company has the policy to not distribute profit as a dividend then retained earnings will be equal to net income otherwise dividend and retained earnings will be equal to net income.
How much do you take home per month after taxes if you make 57000 per year?
The net amount that is on the paycheck that you have in your hand is your net pay for the pay period after all of the federal taxes and other necessary withholding amounts have been withheld from your gross earnings by your employer payroll department. You should get the information from your employer payroll department if you really need to know the correct numbers or amount that should be deducted from your gross earnings.
How many taxes should be taken out of your paycheck?
Social Security and medicare insurance amount of 7.65% will be withheld from your gross pay plus the other amount the employer payroll department will be required to withhold from your gross pay before they issue you your NET take home paycheck for the pay period. Then you will also have other federal income tax amounts and other items that your employer payroll department will be required to withhold from your gross earnings. You should ask the employer payroll department for the amounts that they will have to withhold from your gross earnings.
What is the statement of retains earning and what information does it provide?
The statement of retained earnings is a business statement that illustrates the total retained earnings by a company at the end of a period. Basically the statement starts with retained earnings from the previous period, then adds any gains (on investments) and subtracts any losses (dividends declared, goodwill, discontinued operations). You are then left with the retained earnings for the current period.
Prior period adjustments are reported as an adjustment to which account?
Prior period adjustments are reported as an adjustment to the retained earnings account in the statement of retained earnings. This is done to correct errors in the financial statements that occurred in previous periods.
Who pays for unemployment insurance when the last company is out of business?
The state you work in pays your benefits. The state collects its funding from the employer's payroll taxes. The last employer is generally the one charged with your benefits, unless there was not enough, in which case the state looks to your total earnings from all employers during your base year period.
Why is fica taking more taxes than your state and federal taxes?
Because the social security and medicare tax (FICA) rate does not change from the 7.65% required amount that the employer is required to withhold from your gross earnings for the pay period.
Where will you put Prior Period Adjustment?
Prior period adjustments are typically reported in the statement of retained earnings, which shows the changes in retained earnings over a specific period. They are used to correct errors in the financial statements from prior periods and ensure the accuracy of the financial information presented.
