This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: John Davis had gross earnings of 500 last week. He is single and claims an allowance for himself ... (Read 98 times)

imowrer

  • Hero Member
  • *****
  • Posts: 514
on: Jun 24, 2018
John Davis had gross earnings of 500 last week. He is single and claims an allowance for himself only. The amount of one weekly withholding allowance is 65.38 . Using the Table for Single Taxpayers above, figure the amount that will be withheld from his paycheck for federal income tax. (Figure withholding to the nearest cent.)

Question 2

A 1,00 . bond, with interest at 9 on January 1 and July 1, was purchased on September 12 at 86 plus accrued interest. Compute the entire purchase cost of the bond. (Assume a 360-day year and a commission of 5 per bond.)


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

aprice35067

  • Sr. Member
  • ****
  • Posts: 337
Reply #1 on: Jun 24, 2018
Answer to Question 1

50.34

Answer to Question 2

883.25


imowrer

  • Hero Member
  • *****
  • Posts: 514
Reply #2 on: Jun 24, 2018
Thank you :)


aprice35067

  • Sr. Member
  • ****
  • Posts: 337
Reply #3 on: Jun 24, 2018
Happy to help you


« previous next »
 

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Did you know?

Symptoms of kidney problems include a loss of appetite, back pain (which may be sudden and intense), chills, abdominal pain, fluid retention, nausea, the urge to urinate, vomiting, and fever.

Did you know?

People about to have surgery must tell their health care providers about all supplements they take.

Did you know?

The most common childhood diseases include croup, chickenpox, ear infections, flu, pneumonia, ringworm, respiratory syncytial virus, scabies, head lice, and asthma.

Tooth enamel is laid down in daily increments, with darker bands accumulating about once a week. Tooth enamel is laid down in daily increments, with darker bands accumulating about once a week.
A Typical Pattern of Sleep Stages During a Single Night A Typical Pattern of Sleep Stages During a Single Night
Madonna and Child with St. Anne and Infant St. John the Baptist. Madonna and Child with St. Anne and Infant St. John the Baptist.
John Singer Sargent, The Daughters of Edward Darley Boit. John Singer Sargent, The Daughters of Edward Darley Boit.
Soup’s On! Nutrient claims on the food label must meet strict FDA criteria Soup’s On! Nutrient claims on the food label must meet strict FDA criteria
John Mayer - Heartbreak Warfare (Video) John Mayer - Heartbreak Warfare (Video)
Video: Electromagnetic Spectrum, Chlorophyll and Pigment & Light

For a complete list of videos, visit our video library