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Which of the Following Statements Is False

Question 10

Multiple Choice

Which of the following statements is false?


A) Payroll Tax Expense is an expense account.
B) FICA-Social Security Tax Payable increases on the credit side of the account.
C) Payroll Tax Expense increases on the debit side of the account.
D) SUTA Tax Payable increases on the debit side of the account.

Correct Answer:

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