menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    College Accounting
  4. Exam
    Exam 10: The Employers Tax Responsibilities: Principles and Procedures
  5. Question
    The Entry to Record the Payroll Tax Expenses Would Include
Solved

The Entry to Record the Payroll Tax Expenses Would Include

Question 90

Question 90

Multiple Choice

The entry to record the payroll tax expenses would include


A) a credit to Federal Income Taxes Expense.
B) a credit to EI Payable and CPP Payable.
C) a credit to Taxes Payable.
D) a credit to Wages Payable.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q57: The cost of workers' compensation insurance must

Q86: The account credited for the employer's portion

Q87: A T4 Summary is filed<br>A) annually.<br>B) quarterly.<br>C)

Q88: Every business with employees must have a

Q89: The Wages and Salaries Expense account would

Q91: The employee's T4 must be sent to

Q92: Wages and Salaries Expense is<br>A) equal to

Q94: Explain the formula used to compute EI

Q95: The premium rate for workers' compensation is

Q129: Premiums for workers' compensation insurance may be

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines