The journal entry to record the employer's portion of FICA tax includes a:
A) debit to salary expense.
B) debit to payroll tax expense.
C) debit to FICA tax payable.
D) debit to benefits expense.
Correct Answer:
Verified
Q161: Marla Smith, an employee of Clown College,
Q162: Withheld payroll deductions become:
A)assets of the employer.
B)liabilities
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Q165: FUTA is paid by the employer on:
A)the
Q167: Richard is paid a salary of $6,000.
Q168: Richard is paid a salary of $9,000.
Q169: Kat's wages for December are $8,500. At
Q170: The combined FICA rate for employees is:
A)7.65%.
B)1.45%.
C)6.20%.
D)0.80%.
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