5. b.1 Assuming that Cayman Coating Co.'s payroll for the last week of the year is to be paid on January 3, 2013, use the horizontal model to record the effects of the December 27, 2012, entries for Accrued payroll taxes. (Enter decreases to account balances with a minus sign.) Balance Sheet Income StatementAssets=Liabilities+Stockholders Equity Net Income=Revenue-Expenses_________=___________+_____________ _____________=______________-____________________
(Solution) 1 Assuming that Cayman Coating Co.
(Solution) 2 Assuming that Cayman Coating Co.
(Solution) 6. The following summary data for the payroll period ended December 27, 2012, are available for Cayman Coating Co.: Gross pay $ 94,000 FICA tax
(Solution) According to the ERR Alzheimer's and Dementia: