Multiple Choice
Payroll tax deductions, such federal withholding and state withholding taxes, are formatted in what section and subsection of a Balance Sheet?
A) Payroll Taxes Payable: Liability
B) Payroll Taxes Payable: Asset
C) Direct Costs: Expense
D) Direct Costs: Indirect Cost
Correct Answer:
Verified
Correct Answer:
Verified
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