Multiple Choice
The account for Payroll Tax Expense includes all of the following except:
A) federal unemployment taxes.
B) FICA taxes (OASDI and Medicare) paid by the employer for the latest payroll period.
C) state unemployment taxes.
D) federal income tax.
Correct Answer:

Verified
Correct Answer:
Verified
Q70: The entry to record employer's total FICA,
Q71: The payment of FUTA would include:<br>A) a
Q72: FIT Payable has a credit normal balance.
Q73: For each of the following, identify in
Q76: Prepare the general journal entry to record
Q77: Mid-West Tutoring had the following payroll information
Q78: Ben's Mentoring had the following information for
Q79: Cash - Payroll Checking is a(n):<br>A) contra-asset.<br>B)
Q80: The following data applies to the July
Q89: The following data applies to the July