Receiving Report Number
Amount on Vendorâs Invoice
Amount Presently Included in or Excluded from AccountsPayable
RECEIPT and VENDORâS INVOICE DATA
Received Date
Invoice and Shipping Date
FOB Origin or Destination
101
$2,619.26
Included
12-30-04
12-30-04
Origin
102
3,709.16
Included
12-26-04
12-15-04
Destination
103
5,182.31
Included
12-31-04
12-26-04
Origin
104
6,403.00
Included
12-16-04
12-27-04
Destination
105
8,484.91
Included
12-28-04
12-31-04
Origin
106
5,916.20
Included
01-03-05
12-31-04
Destination
107
7,515.50
Included
01-05-05
12-26-04
Origin
108
3,709.16
Included
12-26-04
12-15-04
Destination
109
5,182.31
Included
12-31-04
12-26-04
Origin
110
6,403.00
Excluded
12-16-04
12-27-04
Destination
111
8,484.91
Included
12-28-04
12-31-04
Origin
112
5,916.20
Excluded
01-03-05
12-31-04
Destination
113
7,515.50
Included
01-05-05
12-26-04
Origin
114
6,403.00
Included
12-16-04
12-27-04
Destination
115
3,709.16
Included
12-26-04
12-15-04
Destination
116
5,182.31
Included
12-31-04
12-26-04
Origin
117
6,403.00
Included
12-16-04
12-27-04
Destination
118
8,484.91
Included
12-28-04
12-31-04
Origin
119
5,916.20
Excluded
01-03-05
12-31-04
Destination
121
7,515.50
Included
01-05-05
12-26-04
Origin
122
3,709.16
Included
12-26-04
12-15-04
Destination
124
5,182.31
Included
12-31-04
12-26-04
Origin
125
6,403.00
Excluded
12-16-04
12-27-04
Destination
126
8,484.91
Included
12-28-04
12-31-04
Origin
127
5,916.20
Excluded
01-03-05
12-31-04
Destination
128
7,515.50
Excluded
01-05-05
12-26-04
Origin
129
6,403.00
Excluded
12-16-04
12-27-04
Destination
130
8,484.91
Included
12-28-04
12-31-04
Origin
Given the data on above Table, in your opinion, is a moredetailed look at all of the transactions necessary? Why? Pleaseassume that the acceptable amount of misstatement is 5% of thetotal amount of the vendor invoices shown.
Receiving Report Number | Amount on Vendorâs Invoice | Amount Presently Included in or Excluded from AccountsPayable | RECEIPT and VENDORâS INVOICE DATA | ||
Received Date | Invoice and Shipping Date | FOB Origin or Destination | |||
101 | $2,619.26 | Included | 12-30-04 | 12-30-04 | Origin |
102 | 3,709.16 | Included | 12-26-04 | 12-15-04 | Destination |
103 | 5,182.31 | Included | 12-31-04 | 12-26-04 | Origin |
104 | 6,403.00 | Included | 12-16-04 | 12-27-04 | Destination |
105 | 8,484.91 | Included | 12-28-04 | 12-31-04 | Origin |
106 | 5,916.20 | Included | 01-03-05 | 12-31-04 | Destination |
107 | 7,515.50 | Included | 01-05-05 | 12-26-04 | Origin |
108 | 3,709.16 | Included | 12-26-04 | 12-15-04 | Destination |
109 | 5,182.31 | Included | 12-31-04 | 12-26-04 | Origin |
110 | 6,403.00 | Excluded | 12-16-04 | 12-27-04 | Destination |
111 | 8,484.91 | Included | 12-28-04 | 12-31-04 | Origin |
112 | 5,916.20 | Excluded | 01-03-05 | 12-31-04 | Destination |
113 | 7,515.50 | Included | 01-05-05 | 12-26-04 | Origin |
114 | 6,403.00 | Included | 12-16-04 | 12-27-04 | Destination |
115 | 3,709.16 | Included | 12-26-04 | 12-15-04 | Destination |
116 | 5,182.31 | Included | 12-31-04 | 12-26-04 | Origin |
117 | 6,403.00 | Included | 12-16-04 | 12-27-04 | Destination |
118 | 8,484.91 | Included | 12-28-04 | 12-31-04 | Origin |
119 | 5,916.20 | Excluded | 01-03-05 | 12-31-04 | Destination |
121 | 7,515.50 | Included | 01-05-05 | 12-26-04 | Origin |
122 | 3,709.16 | Included | 12-26-04 | 12-15-04 | Destination |
124 | 5,182.31 | Included | 12-31-04 | 12-26-04 | Origin |
125 | 6,403.00 | Excluded | 12-16-04 | 12-27-04 | Destination |
126 | 8,484.91 | Included | 12-28-04 | 12-31-04 | Origin |
127 | 5,916.20 | Excluded | 01-03-05 | 12-31-04 | Destination |
128 | 7,515.50 | Excluded | 01-05-05 | 12-26-04 | Origin |
129 | 6,403.00 | Excluded | 12-16-04 | 12-27-04 | Destination |
130 | 8,484.91 | Included | 12-28-04 | 12-31-04 | Origin |
Given the data on above Table, in your opinion, is a moredetailed look at all of the transactions necessary? Why? Pleaseassume that the acceptable amount of misstatement is 5% of thetotal amount of the vendor invoices shown.
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Related questions
I need these ratios:
Return on Assets
|
Adam is a part-time employee who earned $495.00 during the mostrecent pay period. He is married with two withholding allowances.Prior to this pay period, his year-to-date pay is $6,492.39. Howmuch should be withheld from Adam's gross pay for Social Securitytax for the most recent period, assuming no pre-tax deductions?
$40.02
$30.69
$37.92
$28.46
Julian is a part-time, nonexempt employee in Texas who earns$21.50 per hour. During the last biweekly pay period he worked 45hours. He is single with one withholding allowance (use thewage-bracket table). What is his net pay? (Donot roundinterim calculations,only round finalanswer to twodecimal points.)
Wage Bracket Method Tables for Income TaxWithholding | ||||||||||||
And the wages are | And the number of withholding allowances claimedis- | |||||||||||
Atleast | But less | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
The amount of income tax to be withheld is- | ||||||||||||
$800 | $820 | $90 | $67 | $44 | $26 | $11 | $0 | $0 | $0 | $0 | $0 | $0 |
820 | 840 | 93 | 70 | 47 | 28 | 13 | 0 | 0 | 0 | 0 | 0 | 0 |
840 | 860 | 96 | 73 | 50 | 30 | 15 | 0 | 0 | 0 | 0 | 0 | 0 |
860 | 880 | 99 | 76 | 53 | 32 | 17 | 1 | 0 | 0 | 0 | 0 | 0 |
880 | 900 | 102 | 79 | 56 | 34 | 19 | 3 | 0 | 0 | 0 | 0 | 0 |
900 | 920 | 105 | 82 | 59 | 36 | 21 | 5 | 0 | 0 | 0 | 0 | 0 |
920 | 940 | 108 | 85 | 62 | 39 | 23 | 7 | 0 | 0 | 0 | 0 | 0 |
940 | 960 | 111 | 88 | 65 | 42 | 25 | 9 | 0 | 0 | 0 | 0 | 0 |
960 | 980 | 114 | 91 | 68 | 45 | 27 | 11 | 0 | 0 | 0 | 0 | 0 |
980 | 1,000 | 117 | 94 | 71 | 48 | 29 | 13 | 0 | 0 | 0 | 0 | 0 |
1,000 | 1,020 | 120 | 97 | 74 | 51 | 31 | 15 | 0 | 0 | 0 | 0 | 0 |
1,020 | 1,040 | 123 | 100 | 77 | 54 | 33 | 17 | 2 | 0 | 0 | 0 | 0 |
1,040 | 1,060 | 126 | 103 | 80 | 57 | 35 | 19 | 4 | 0 | 0 | 0 | 0 |
1,060 | 1,080 | 129 | 106 | 83 | 60 | 37 | 21 | 6 | 0 | 0 | 0 | 0 |
1,080 | 1,100 | 132 | 109 | 86 | 63 | 40 | 23 | 8 | 0 | 0 | 0 | 0 |
1,100 | 1,120 | 135 | 112 | 89 | 66 | 43 | 25 | 10 | 0 | 0 | 0 | 0 |
1,120 | 1,140 | 138 | 115 | 92 | 69 | 46 | 27 | 12 | 0 | 0 | 0 | 0 |
1,140 | 1,160 | 141 | 118 | 95 | 72 | 49 | 29 | 14 | 0 | 0 | 0 | 0 |
1,160 | 1,180 | 144 | 121 | 98 | 75 | 52 | 31 | 16 | 0 | 0 | 0 | 0 |
1,180 | 1,200 | 147 | 124 | 101 | 78 | 55 | 33 | 18 | 2 | 0 | 0 | 0 |
1,200 | 1,220 | 150 | 127 | 104 | 81 | 58 | 35 | 20 | 4 | 0 | 0 | 0 |
1,220 | 1,240 | 153 | 130 | 107 | 84 | 61 | 38 | 22 | 6 | 0 | 0 | 0 |
1,240 | 1,260 | 156 | 133 | 110 | 87 | 64 | 41 | 24 | 8 | 0 | 0 | 0 |
1,260 | 1,280 | 159 | 136 | 113 | 90 | 67 | 44 | 26 | 10 | 0 | 0 | 0 |
1,280 | 1,300 | 162 | 139 | 116 | 93 | 70 | 47 | 28 | 12 | 0 | 0 | 0 |
1,300 | 1,320 | 165 | 142 | 119 | 96 | 73 | 50 | 30 | 14 | 0 | 0 | 0 |
1,320 | 1,340 | 168 | 145 | 122 | 99 | 76 | 53 | 32 | 16 | 1 | 0 | 0 |
1,340 | 1,360 | 171 | 148 | 125 | 102 | 79 | 56 | 34 | 18 | 3 | 0 | 0 |
1,360 | 1,380 | 174 | 151 | 128 | 105 | 82 | 59 | 36 | 20 | 5 | 0 | 0 |
1,380 | 1,400 | 177 | 154 | 131 | 108 | 85 | 62 | 39 | 22 | 7 | 0 | 0 |
1,400 | 1,420 | 180 | 157 | 134 | 111 | 88 | 65 | 42 | 24 | 9 | 0 | 0 |
1,420 | 1,440 | 183 | 160 | 137 | 114 | 91 | 68 | 45 | 26 | 11 | 0 | 0 |
1,440 | 1,460 | 186 | 163 | 140 | 117 | 94 | 71 | 48 | 28 | 13 | 0 | 0 |
1,460 | 1,480 | 189 | 166 | 143 | 120 | 97 | 74 | 51 | 30 | 15 | 0 | 0 |
1,480 | 1,500 | 192 | 169 | 146 | 123 | 100 | 77 | 54 | 32 | 17 | 2 | 0 |
1,500 | 1,520 | 195 | 172 | 149 | 126 | 103 | 80 | 57 | 34 | 19 | 4 | 0 |
1,520 | 1,540 | 199 | 175 | 152 | 129 | 106 | 83 | 60 | 37 | 21 | 6 | 0 |
1,540 | 1,560 | 204 | 178 | 155 | 132 | 109 | 86 | 63 | 40 | 23 | 8 | 0 |
1,560 | 1,580 | 209 | 181 | 158 | 135 | 112 | 89 | 66 | 43 | 25 | 10 | 0 |
1,580 | 1,600 | 214 | 184 | 161 | 138 | 115 | 92 | 69 | 46 | 27 | 12 | 0 |
1,600 | 1,620 | 219 | 187 | 164 | 141 | 118 | 95 | 72 | 49 | 29 | 14 | 0 |
1,620 | 1,640 | 224 | 190 | 167 | 144 | 121 | 98 | 75 | 52 | 31 | 16 | 0 |
1,640 | 1,660 | 229 | 193 | 170 | 147 | 124 | 101 | 78 | 55 | 33 | 18 | 2 |
1,660 | 1,680 | 234 | 196 | 173 | 150 | 127 | 104 | 81 | 58 | 35 | 20 | 4 |
1,680 | 1,700 | 239 | 200 | 176 | 153 | 130 | 107 | 84 | 61 | 38 | 22 | 6 |
1,700 | 1,720 | 244 | 205 | 179 | 156 | 133 | 110 | 87 | 64 | 41 | 24 | 8 |
1,720 | 1,740 | 249 | 210 | 182 | 159 | 136 | 113 | 90 | 67 | 44 | 26 | 10 |
1,740 | 1,760 | 254 | 215 | 185 | 162 | 139 | 116 | 93 | 70 | 47 | 28 | 12 |
1,760 | 1,780 | 259 | 220 | 188 | 165 | 142 | 119 | 96 | 73 | 50 | 30 | 14 |
1,780 | 1,800 | 264 | 225 | 191 | 168 | 145 | 122 | 99 | 76 | 53 | 32 | 16 |
1,800 | 1,820 | 269 | 230 | 194 | 171 | 148 | 125 | 102 | 79 | 56 | 34 | 18 |
1,820 | 1,840 | 274 | 235 | 197 | 174 | 151 | 128 | 105 | 82 | 59 | 36 | 20 |
1,840 | 1,860 | 279 | 240 | 202 | 177 | 154 | 131 | 108 | 85 | 62 | 39 | 22 |
1,860 | 1,880 | 284 | 245 | 207 | 180 | 157 | 134 | 111 | 88 | 65 | 42 | 24 |
1,880 | 1,900 | 289 | 250 | 212 | 183 | 160 | 137 | 114 | 91 | 68 | 45 | 26 |
1,900 | 1,920 | 294 | 255 | 217 | 186 | 163 | 140 | 117 | 94 | 71 | 48 | 28 |
1,920 | 1,940 | 299 | 260 | 222 | 189 | 166 | 143 | 120 | 97 | 74 | 51 | 30 |
1,940 | 1,960 | 304 | 265 | 227 | 192 | 169 | 146 | 123 | 100 | 77 | 54 | 32 |
1,960 | 1,980 | 309 | 270 | 232 | 195 | 172 | 149 | 126 | 103 | 80 | 57 | 34 |
1,980 | 2,000 | 314 | 275 | 237 | 198 | 175 | 152 | 129 | 106 | 83 | 60 | 37 |
2,000 | 2,020 | 319 | 280 | 242 | 203 | 178 | 155 | 132 | 109 | 86 | 63 | 40 |
2,020 | 2,040 | 324 | 285 | 247 | 208 | 181 | 158 | 135 | 112 | 89 | 66 | 43 |
2,040 | 2,060 | 329 | 290 | 252 | 213 | 184 | 161 | 138 | 115 | 92 | 69 | 46 |
2,060 | 2,080 | 334 | 295 | 257 | 218 | 187 | 164 | 141 | 118 | 95 | 72 | 49 |
2,080 | 2,100 | 339 | 300 | 262 | 223 | 190 | 167 | 144 | 121 | 98 | 75 | 52 |
$2,100 and over | Use Table 2(a) for a SINGLE person on page 45. Also see theinstructions on page 43. | |||||||||||
Page 52 | Publication 15 (2015) |
$818.40
$797.18
$825.99
$802.49