The account payroll taxes expense is used for a. Recording employees federal income taxes withheld. b. Recording
Question:
The account payroll taxes expense is used for
a. Recording employees’ federal income taxes withheld.
b. Recording employees’ social security and Medicare taxes.
c. Recording the employer’s social security and Medicare taxes.
d. Recording the employer’s social security, Medicare, FUTA, and SUTA taxes.
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The definition of tax liability is the money you owe in taxes to the government In general when ...View the full answer
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