This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If a tax payment is made, what is the effect on the FICA Taxes Payable Account? a. Increase with a, ... (Read 49 times)

bcretired

  • Hero Member
  • *****
  • Posts: 525
on: Jul 6, 2018
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
Reply #1 on: Jul 6, 2018
Answer to Question 1

C

Answer to Question 2

D


bcretired

  • Member
  • Posts: 525
Reply 2 on: Jul 6, 2018
Great answer, keep it coming :)

carojassy25

  • Member
  • Posts: 299
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Alzheimer’s Drugs Work by Intensifying the Effect of Acetylcholine at the Receptor Alzheimer’s Drugs Work by Intensifying the Effect of Acetylcholine at the Receptor
EMERGENCY TRAUMA ASSESSMENT MADE EASY EMERGENCY TRAUMA ASSESSMENT MADE EASY
The age-related increase in spirituality is different for two cohorts born seven years apart. The ... The age-related increase in spirituality is different for two cohorts born seven years apart. The ...
The Effect of Group Size on Relationships The Effect of Group Size on Relationships
Effect of a Tax Effect of a Tax
Effect of Increasing the Investment Rate on the Steady State Effect of Increasing the Investment Rate on the Steady State
Video: Central Nervous System Animation

For a complete list of videos, visit our video library