DEVRY ACCT 216 Week 7 Homework a - PowerPoint PPT Presentation

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DEVRY ACCT 216 Week 7 Homework a

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DEVRY ACCT 216 Week 7 Homework a Check this A+ tutorial guideline at For more classes visit Please write a 4-6 sentence paragraph on the following questions. a.What is the difference between an exempt and non-exempt employee? b.How would you decide whether to hire someone as an employee or independent contractor? 2.Cindy Lou makes $30,000 per year as an exempt employee. She worked 15 hours of overtime in the month of September. Payday for wages earned in the month of September is October 7. Ignoring Federal and State income tax withholdings, how much would she receive for September net of Social Security and Medicare taxes? What journal entry would be made on September 30 for wages owed to Cindy? What journal entry would be made when she is paid on October 7? – PowerPoint PPT presentation

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Title: DEVRY ACCT 216 Week 7 Homework a


1
DEVRY ACCT 216 Week 7 Homework a
  • Check this A tutorial guideline at
  •  
  • http//www.assignmentcloud.com/acct-216/acct-216-w
    eek-7-homework-a
  •  
  • For more classes visit
  • http//www.assignmentcloud.com
  •  
  • Please write a 4-6 sentence paragraph on the
    following questions.a.What is the difference
    between an exempt and non-exempt employee?b.How
    would you decide whether to hire someone as an
    employee or independent contractor?2.Cindy Lou
    makes 30,000 per year as an exempt employee. She
    worked 15 hours of overtime in the month of
    September.Payday for wages earned in the month
    of September is October 7. Ignoring Federal and
    State income tax withholdings, how muchwould she
    receive for September net of Social Security and
    Medicare taxes? What journal entry would be made
    on September 30 for wages owed to Cindy?What
    journal entry would be made when she is paid on
    October 7?
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