DEVRY ACCT 216 Week 7 Homework a
DEVRY ACCT 216 Week 7 Homework a Check this A+ tutorial guideline at http://www.homeworkrank.com/acct-216/acct-216-week-7-homework-a
DEVRY ACCT 216 Week 7 Homework a
Check this A+ tutorial guideline at
http://www.homeworkrank.com/acct-216/acct-216-week-7-homework-a
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
<strong>DEVRY</strong> <strong>ACCT</strong> <strong>216</strong> <strong>Week</strong> 7 <strong>Homework</strong> a<br />
Check this A+ tutorial guideline at<br />
http://www.homeworkrank.com/acct-<br />
<strong>216</strong>/acct-<strong>216</strong>-week-7-homework-a<br />
For more classes visit<br />
http://www.homeworkrank.com<br />
Please write a 4-6 sentence paragraph on the following questions.<br />
a.What is the difference between an exempt and non-exempt employee?<br />
b.How would you decide whether to hire someone as an employee or independent<br />
contractor?<br />
2.Cindy Lou makes $30,000 per year as an exempt employee. She worked 15 hours of<br />
overtime in the month of September.<br />
Payday for wages earned in the month of September is October 7. Ignoring Federal<br />
and State income tax withholdings, how much<br />
would she receive for September net of Social Security and Medicare taxes? What<br />
journal entry would be made on September 30 for wages owed to Cindy?<br />
What journal entry would be made when she is paid on October 7?