To record the deposit of FUTA tax,the accountant would
A) debit Payroll Taxes Expense and credit Federal Unemployment Tax Payable.
B) debit Payroll Taxes Expense and credit Cash.
C) debit Federal Unemployment Tax Payable and credit Cash.
D) debit Social Security Taxes Payable and credit Cash.
Correct Answer:
Verified
Q20: The entry to record a payroll tax
Q21: Which of the following forms is submitted
Q22: On Form 941,the Employer's Quarterly Federal Tax
Q24: The premium rate on workers' compensation insurance
Q26: Which of the following statements is NOT
Q27: A copy of the Form W-2 for
Q28: Employees' payments for federal income taxes withheld
Q29: Form 941 is filed
A) monthly.
B) quarterly.
C) annually.
D)
Q30: Which of the following statements is correct?
A)
Q66: Form 940 must be filed_time(s)a year.
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