This topic contains a solution. Click here to go to the answer

Author Question: If a tax payment is made, what is the effect on the FICA Taxes Payable Account? a. Increase with a, ... (Read 76 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
If a tax payment is made, what is the effect on the FICA Taxes Payable Account?
 a. Increase with a, CR
  b. Increase with a, DR
  c. Decrease with a DR
  d. Decrease with a, CR

Question 2

This form is also called the Transmittal of Wage and Tax Statement.
 a. W-2
  b. 941
  c. 940
  d. W-3



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

cpetit11

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

C

Answer to Question 2

D




bcretired

  • Member
  • Posts: 525
Reply 2 on: Jul 6, 2018
Excellent


hollysheppard095

  • Member
  • Posts: 339
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

The average office desk has 400 times more bacteria on it than a toilet.

For a complete list of videos, visit our video library