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Where can you find your Employers Identification number?
On your W2 - Wage earnings statement. Also called an EIN.
Does retained earnings have a debit balance?
Retained Earnings normally has a credit balance. Net loss will be debited to Retained Earnings account thus results to a debit balance. Retained Earnings with a debit balance will be called as 'Deficits" or "Accumulated Deficits".
When income tax is deducted from monthly earnings is called?
Withholding
What is personal payroll medical and operational are all what types of information called?
Sensitive
In order to compute the income taxes you owe the federal government this year your employer is required to give you a that lists your earnings and withholding for the past year.?
Yes! If you are in default of a student loan, your federal income tax will be taken every yeare until the loan is satisfied. At least, that was my experience. W2 FORM Employer gives you a statement called a w-2 form. It's not a list. It gives you the total amount of witholdings and the total amount of earnings for 2007. If you worked this year, you'll get that statement either in Dec. January or Feb. of 2009.
The total amount a worker earns for a pay period is called?
earnings statement
What is another name for a payroll deduction?
Payroll deductions are also called withholdings. Things typically withheld from earnings are state and federal income taxes, social security, and national insurance.
Where can you find your Employers Identification number?
On your W2 - Wage earnings statement. Also called an EIN.
What are the earnings of ordinary shareholders called?
The earnings of ordinary shareholders are called dividends.
What is payroll?
Payroll is the process by which employers pay their employees for the work they have completed. It involves calculating employees' wages, withholding taxes and other deductions, and issuing payments. Payroll also includes keeping track of hours worked, overtime, and any benefits or bonuses owed to employees.
What is it called when you have earnings on your investments?
an achievment
What is a closed revenue and expense account to retained earnings called?
When you close the accounts, it totals into retained earnings, so in turn, it is essentially retained earnings.
What are some good payroll processing companies in Chicago?
Smart Business Solutions is one of the leading providers of payroll services in Chicago. Another one is called "Payroll Services Chicago". Payroll by Paychex is a national brand.
What does accumulated earnings mean?
The definition of accumulated earnings is the sum of the profits of a company after dividend payments since the inception of the company. Accumulated earnings are also called earned surplus, retained earnings, or retained capital.
Does retained earnings have a debit balance?
Retained Earnings normally has a credit balance. Net loss will be debited to Retained Earnings account thus results to a debit balance. Retained Earnings with a debit balance will be called as 'Deficits" or "Accumulated Deficits".
What is a question and also a statement called?
A question and statement combination is called an "interrogative statement," which is a sentence that combines a question and statement into one.
What is it called when the government sets a price on earnings?
Minimum wage.
