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Q1 What was Jennifer's gross pay for the year?
How much did she pay in state income tax?
The amount in Box 4 is incorrect. What dollar amount should have been entered in Bow 4?
The amount in Box 6 is incorrect. What dollar amount should have been entered in Box 6?
How much was Jennifer’s FICA tax?
Jennifer’s taxable income was $32,104. She’s filing her taxes as head of household. Does she owe the government more money in taxes, or will she receive a refund? How much money will she owe or receive?
Q2 In the check register, what balance should have been entered on 7/31?
On the bank statement, what should have been entered for the total deposits?
On the bank statement, what should have been entered for the total withdrawals?
On the bank statement, what should have been entered for the ending balance?
Which transaction caused an overdraft, and what was the overdraft amount?
Is the final balance in the register correct? Show how you know.
Why doesn’t the 8/6 ATM withdrawal appear on the bank statement?
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