$1.$ Does a discounted note payable provide credit without interest? Discuss. $2.$ Employees are subject to taxes withheld from their paychecks. a$.$ List the federal taxes withheld from most employee paychecks, b$.$ Give the title of the accounts credited by amounts withheld. $3.$ Why are deductions from employees' earnings classified as liabilities for the employer? $4.$ For each of the following payroll$-$related taxes, indicate whether they generally apply to $($a$)$ employees only, $($b$)$ employers only, or $($c$)$ both employees and employers: $1.$ Federal income tax $2.$ Medicare tax $1.$ Does a discounted note payable provide credit without interest Discuss. $2.$ Employees are subject to taxes withheld from their paychecks. a$.$ List the federal taxes witheld from most employee paychecks. b$.$ Glve the title of the accounts credited by amounts witheld. $3.$ Why are deductions from employees' earnings classified as liabilities for the employer? $4.$ For each of the following payroll$-$related taxes, indicate whether they generally apply to $($a$)$ employees only, $($b$)$ employers only, or $($c$)$ both employees and employers: $1.$ Federal income tax $2.$ Medicare tax