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    Business
  3. Study Set
    Century 21 Accounting
  4. Exam
    Exam 13: Accounting for Payroll and Payroll Taxes
  5. Question
    Until the Amounts Withheld from Employee Salaries Are Paid by the Employer
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Until the Amounts Withheld from Employee Salaries Are Paid by the Employer

Question 18

Question 18

Multiple Choice

Until the amounts withheld from employee salaries are paid by the employer, they are recorded as


A) assets.
B) liabilities.
C) salary expense.
D) revenue.

Correct Answer:

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