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Author Question: Jett Co.'s average tax rates for 2015 and 2014 are: a. 15.5 and 10.0 b. 20.0 and 35.0 c. 25.8 ... (Read 133 times)

misspop

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  • Posts: 540
on: Jul 6, 2018
Jett Co.'s average tax rates for 2015 and 2014 are:
 
  a. 15.5 and 10.0
  b. 20.0 and 35.0
  c. 25.8 and 35.4.
  d. 31.4 and 36.8.

Question 2

Which of the following statement is true?
 a. Payroll Tax Expense increases on the credit side of the account
  b. FICA Medicare Payable increases with a credit
  c. Federal Income Tax Withholding Payable decreases with a credit
  d. Employee Payroll Taxes withheld are recorded in Payroll Tax Expense


Ksanderson1296

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  • Posts: 339
Reply #1 on: Jul 6, 2018
Answer to Question 1

b

Answer to Question 2

B


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