Author Question: The date on which an employer must pay Social Security and Medicare taxes is a. January 1 of each ... (Read 78 times)

penguins

  • Hero Member
  • *****
  • Posts: 903
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

  • Sr. Member
  • ****
  • Posts: 321
Answer to Question 1

d

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

Earwax has antimicrobial properties that reduce the viability of bacteria and fungus in the human ear.

Did you know?

More than 4.4billion prescriptions were dispensed within the United States in 2016.

For a complete list of videos, visit our video library