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Author Question: Generally, employers are required to withhold from employees for a. Medicare taxes. b. excise ... (Read 68 times)

londonang

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Generally, employers are required to withhold from employees for
 a. Medicare taxes.
  b. excise taxes.
  c. federal unemployment taxes.
  d. sales taxes.
  e. property taxes.

Question 2

In the journal entry to record the payment of the taxes shown on the quarterly 941 tax form, the debit(s) would be to
 a. Cash only.
  b. FICA Tax Payable (employee and employer) and Federal Income Tax Payable.
  c. FICA Tax Payable (employee only) and Federal Income Tax Payable.
  d. Federal Income Tax Payable only.
  e. FICA Tax Payable (employer only) and Federal Income Tax Payable.



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Qarqy

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Answer to Question 1

A

Answer to Question 2

B




londonang

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Reply 2 on: Jul 6, 2018
Excellent


bulacsom

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Reply 3 on: Yesterday
Gracias!

 

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