Professional Documents
Culture Documents
ACCO 112
Taller Dos
PROFESOR NOEL ORTIZ TORRES
Prctica
DuPage compr una
maquinaria por $18,000 el
1ero de enero de 2015, tiene
un valor residual de $2,000 y
una vida til de 4 aos .
Durante la vida til se espera
que la maquinaria se utilice
160,000 horas.
Prctica
Las horas utilizadas son:
2015
2016
2017
2018
40,000
60,000
35,000
25,000
Obligaciones a
corto plazo,
nminas y notas
a pagar
OBJETIVOS
1. Identificar las obligaciones corto plazo, las notas
a pagar y llevar a cabo su registro en el diario.
2. Preparar una nmina y llevar a cabo el registro
de las deducciones a los empleados y las
obligaciones del patrono.
3. Describir la contabilidad y los requisitos de
divulgacin con respecto a las deudas
contingentes.
4. Analizar la liquidez de un negocio.
5. Discutir los objetivos del Sistema de Control
Interno relacionados a la nmina.
2.
Notes Payable
Written promissory note.
Require the borrower to pay
interest.
Issued for varying periods.
90,000
Notes payable
90,000
900
900
90,000
5,400
95,400
31,500
30,000
1,500
23,540
22,000
1,540
Unearned Revenue
Revenues that are received before the company delivers goods or provides
services.
1.
Dec. 31
1 month
Unearned
subscriptions
240,000
Subscriptions revenue
20,000
Mar. 31
3 months
20,000subscriptions
Unearned
Subscriptions revenue
60,000
60,000
240,000
Liquidity refers to
the ability to pay
maturing obligations
and meet unexpected
needs for cash.
Contingent liability
The likelihood that the future event will
confirm the incurrence of a liability can range
from probable to remote.
FASB uses three areas of probability:
Probable.
Reasonably possible.
Remote.
Accounting
Probable
Accrue
Reasonably
Possible
Footnote
Remote
Ignore
Product Warranties
Promise made by a seller to a buyer to make good
on a deficiency of quantity, quality, or performance
in a product.
Estimated cost of honoring product warranty
contracts should be recognized as an expense in the
period in which the sale occurs.
Warranty expense
Warranty liability
4,000
4,000
Gross Earnings
Total compensation earned by an employee (wages
or salaries, plus any bonuses and commissions).
Payroll Deductions
Mandatory:
FICA tax
Federal income tax
State income tax
Voluntary:
Charity
Retirement
Union dues
Health and life insurance
Pension plans
Payroll Deductions
Social Security taxes
Mandatory:
FICA tax
Federal income tax
State income tax
Supplemental retirement,
Payroll Deductions
Mandatory:
FICA tax
Federal income tax
State income tax
Net Pay
Gross earnings minus payroll deductions.
Salario mnimo
Salario
mnimo federal
$7.25
49.34 **
55.00 ***
12.90 ****
Insurance payable
25.00
Wages payable
*
645.00 *
502.76
*** Table, next slide
**** $645 x 2% = $12.90
Federal Tax
Withholding
502.76
502.76
unemployment tax on a
timely basis will receive an
offset credit of up to 5.4%.
Therefore, the net federal
tax rate is generally 0.8%.
$748,000 x 8% = $59,840
59,840 *
5,400 **
800 ***
Paid absences
Post-retirement benefits
POST-RETIREMENT BENEFITS