If employees must contribute to the state unemployment fund, this deduction should be shown in the payroll tax entry.
Correct Answer:
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Q16: Amounts withheld from employees' wages for health
Q17: Companies usually provide a separate column in
Q18: Tips received by employees in excess of
Q19: Tax withholdings from employees' pays reduce the
Q20: Once the journal entry for the payroll
Q22: FICA Taxes Payable-OASDI is a liability account
Q23: Since the credit against the FUTA tax
Q24: The payroll taxes account is an expense
Q25: The entry to record the employer's payroll
Q26: At the time that the entry is
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