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 99 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?

During pregnancy, a woman is more likely to experience bleeding gums and nosebleeds caused by hormonal changes that increase blood flow to the mouth and nose.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

This year, an estimated 1.4 million Americans will have a new or recurrent heart attack.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Pregnant sow one week before delivering three pups Pregnant sow one week before delivering three pups
Vasectomy. (a) Vas deferens is located within the spermatic cord on both sides. (b) A small incision Vasectomy. (a) Vas deferens is located within the spermatic cord on both sides. (b) A small incision
John Muir John Muir
A properly mounted 12-lead, single channel ECG. A properly mounted 12-lead, single channel ECG.
Holy Week in Spain Holy Week in Spain
Ancient fossilized single-celled organisms Ancient fossilized single-celled organisms
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library