Multiple Choice
Which of these accounts shows the total gross earnings that the employer incurs as an expense each payday?
A) Payroll Taxes
B) Federal Income Taxes Payable
C) Wages Expense
D) Salaries Payable
E) None of the above
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q15: In calculating overtime premium earnings at one
Q16: An employer will use the payroll register
Q17: The payroll taxes incurred by an employer
Q18: For the purpose of a federal tax
Q19: Each payday, the total of net pays
Q21: Since the FUTA tax is a social
Q22: Service charges that are passed on to
Q23: The total of the net amount paid
Q24: The adjusting entry to record the accrued
Q25: The payroll taxes account is an expense