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Author Question: The employer's FUTA and SUTA tax is recorded as: a. Payroll Tax Expense DR FUTA Payable CR SUTA ... (Read 634 times)

Themember4

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The employer's FUTA and SUTA tax is recorded as:
 a. Payroll Tax Expense DR
   FUTA Payable CR
   SUTA Payable CR
  b. FUTA Payable DR
  SUTA Payable DR
   Payroll Tax Expense CR
  c. Payroll Tax Expense DR
   Cash CR
  d. Wage Expense DR
   FUTA Payable CR
   SUTA Payable CR

Question 2

A debit to the Payroll Tax Expense account means:
 a. The employer's payroll taxes have increased
  b. The employer's payroll taxes have decreased
  c. Both the employer's and the employee's payroll taxes have increased
  d. The employer's and employee's payroll taxes have not changed



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mceravolo

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Answer to Question 1

A

Answer to Question 2

A




Themember4

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Reply 2 on: Jul 6, 2018
Excellent


apple

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  • Posts: 352
Reply 3 on: Yesterday
:D TYSM

 

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