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Author Question: When all taxes have been paid, the Social Security Tax Payable account will have a. a debit ... (Read 136 times)

daltonest1984

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on: Jul 5, 2018
When all taxes have been paid, the Social Security Tax Payable account will have
 a. a debit balance.
   b. a credit balance.
   c. a zero balance.
   d. equal debit and credit balances.

Question 2

If the balance in Cash Short and Over at the end of a period is a credit, it indicates that cash shortages haveexceeded cash overages for the period.
 a. True
  b. False
 
   Indicate whether the statement is true or false


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zenzy

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

c

Answer to Question 2

False


daltonest1984

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Reply #2 on: Jul 5, 2018
Thank you :)


zenzy

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Reply #3 on: Jul 5, 2018
Happy to help you


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