True or False   4. The entry to record the employer's payroll taxes would include a debit to an expense account and a credit to one or more liability accounts.

Q: The payroll register includes sections for​ recording:

A:

Q: Salaries Expense is debited to record the employer's FICA contributions and the FUTA and SUTA taxes.…

A: Payroll tax: This is the tax which is withheld by an employer from the pay of the employee and…

Q: Payroll Accounting under FUTA, what conditions must be met for a person or business to be…

A: Because you have posted multiple question we will answer the first question only and for thr…

Q: how is "gross earnings" of $1021.01 derived?

A: Piece rate earnings means wages on the basis of pieces produced.

Q: For each of the listed payroll-related taxes, indicate whether they generally apply to employees…

A: Payroll taxes are taxes paid to Internal Revenue Service (IRS) and withheld, charged or levied on…

Q: consider the following accounts and determine if the account is a current liability, a noncurrent…

A: The balance sheet is the statement of financial position of the business.

Q: When recording payroll tax expense, employers will generally include which of the following…

A: Gross pay of an employee is to be deducted for several taxes and then those taxes are the liability…

Q: 1. & 2. Using the above information, complete the below table and Prepare the journal entries to…

A: 1.

Q: The employer is responsible for which of the following payroll taxes? a. 6.2% FICA—OASDI tax b.…

A: Payroll taxes: Payroll taxes are the taxes withheld by the employers from the wages/salary payable…

Q: Which of the following does NOT apply to both a W−2 and a W−​3?     A. Reports the total amount of​…

A: IRS forms W-2 and W-3 both are submitted by the employer to Social Security Administration and both…

Q: Which one of the following statements about payroll is incorrect – * a. you must record an hourly…

A: ANSWER -  A payroll register is a record of all pay details for employees during a specific pay…

Q: The deparment that should pay the payroll is the: a. payroll deparment b. human resources…

A: Each business organization categorized their operations into different departments for example…

Q: Which payroll tax is levied on both employers and employees? Both employees and employers are…

A: The payroll tax is required to be remitted to the government on the behalf of employee and is…

Q: Statement 1: The fringe benefit tax shall be treated as a final income tax on the employee which…

A: In the given question, two statements are given related to fringe benefit tax and four options. We…

Q: Independently considering each of the following statements regarding Form W-2 (Wage and Tax…

A: The employer makes deductions from the employee’s salary and therefore there is some legal…

Q: 1. On September 30, the business ran payroll for their employee, Eddie. Crankshaft customs matches…

A: Given in the question: Total Gross Earnings = 9,000 FICA = 500 Net Earnings = 8,500 It has been…

Q: Some payroll taxes are paid by both employees and employers. Others are paid only by employers.…

A: Some payroll taxes are borne by both employer and employee while some are paid only by employees or…

Q: Which of the following type of information is not provided on a payroll register? a.regular rate of…

A: Payroll register: Payroll register is a form that is used by an employer to gather information on…

Q: An employee has total gross wages of $7,000, Federal Unemployment Expense, and State Unemployment…

A: Unemployment taxes: It is one of the payroll taxes that is withheld from the employee’s wages. It is…

Q: Which of the following is a payroll liability?          Question 43 options:   a)  The net pay…

A: SOLUTION-   PAYROLL LIABILITIES  ARE ANY TYPE OF PAYMENT RELATED TO PAYROLL THAT A BUSINESS OWES BUT…

Q: what are payroll related liablity from following    Trade and other payables…

A: Payroll liabilities refers to those liabilities which are deducted from employee and usually payable…

Q: Employees are subject to taxes withheld from their paychecks.  Please indicate the federal taxes…

A: Payroll tax: This is the tax which is withheld by an employer from the pay of the employee and…

Q: total deductions on payroll register

A: Deductions are subtracted from total earned pay.

Q: To calculate the debit to payroll tax expense in recording the employer's payroll taxes the…

A: Employer payroll taxes means those tax expenses that are incurred by employer on behalf of employees…

Q: (1) An employer must file an information return under all of the following conditions except: a.to…

A: Information return is generally used to report several types of information that needs to be…

Q: Question 5: Which of the following employee taxes is matched by the employer? Answer: A. State…

A: Introduction:- Payroll taxes are the state and federal taxes. As an employer, are responsible to…

Q: Which of the following taxes is paid by the employee and the employer? a.SUTA b.Federal withholding…

A: SUTA: State Unemployment Tax Rate  FUTA: Federal Unemployment Tax Rate  FICA: Federal Insurance…

Q: Which of the following is not deducted from an employee’s salary? a. FICA taxes.b. Unemployment…

A: Payroll tax The costs incurred by an employer to pay the employee for his labor, including other…

Q: (To help answer this question, create an Income Taxes Payable T-account and insert the beginning…

A: Income tax payable is a type of account in the current liabilities section of a company's balance…

Q: prepare the journal entry to record the payroll tax expense and fringe benefit expense for Webber…

A: Payroll Expenses For the Federal Taxes the Payroll deduction which are incurred for FICA social…

Q: Why are deductions from employees’ earnings classified as liabilities for the employer? For each of…

A: Payroll: The total payment that a company is required to pay to its employee for the services…

Q: 4. Substituted filing is when the employer's annual return of BIR Form 1604CF may be considered as…

A: Substituted filing is when individuals are not required to file income tax return instead the annual…

Q: 1. Assuming that net pay was directly deposited into the employee's bank accounts, prepare the…

A: Journal entry is made at the time when a business transaction or any other accruals has been…

Q: Prior to posting the November 30 payroll transaction, FICA Taxes Payable - OASDI, FICA Taxes Payable…

A: Introduction: Every business organization has employees therefore it needs to record on an accrual…

Q: Payroll Accounting What information appears on the payroll register? What records are needed for an…

A: Payroll Accounting: Information that appears on the Payroll register: Payroll register is basically…

Q: Employee payroll taxes do not include: a) Federal unemployment taxes. b) State Income taxes. c )…

A: Employee payroll taxes are those taxes that are paid by the employee or it can be said that the…

Q: Income Taxes Payable was credited for $7,500 in the entry when Antonio Company recorded payroll.…

A: Income taxes payable is the liability for payment of income taxes.

Q: Income taxes are withheld from the​ employee's paycheck.   True   False

A: Income tax: Tax levied on income earned is called income tax.

Q: what are the rules for calculating taxes if an employee has more than one employer?

A: Following are the rules for calculating taxes if an employee has more than one employer

Q: 1. Journalize the entry to record the payroll. 2. Journalize the entry to record the employer's…

A: Payroll Payroll is considered to be one of the important segment in the entity and to distribute…