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Author Question: The date on which an employer must pay Social Security and Medicare taxes is a. January 1 of each ... (Read 29 times)

penguins

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on: Jul 5, 2018
The date on which an employer must pay Social Security and Medicare taxes is
 a. January 1 of each year.
   b. December 31 of each year.
   c. June 30 of each year.
   d. dependent on the amount of the taxes.

Question 2

Enoch, Inc. began operations on July 1, 2011. On August 1, it received 12,000 in advance for services to be performed evenly over the next 12 months. How much unearned revenue should the company report on its balance sheet at August 31, 2011?
 
  A) 12,000
  B) 1,000
  C) 11,000
  D) 5,000


pratush dev

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Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

C


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