If at the end of the year the firm owes a balance for workers' compensation insurance, the adjusting entry includes a
A) a debit to Payroll Taxes Expense and a credit to cash.
B) debit to Workers' Compensation Insurance Payable a credit to Workers' Compensation Insurance Expense.
C) a debit to Workers' Compensation Insurance Expense and a credit to Workers' Compensation Insurance Payable.
D) a debit to Workers' Compensation Refund Receivable and a credit to Workers' Compensation Insurance Expense.
Correct Answer:
Verified
Q35: Form 941 is filed
A)each payroll period.
B)quarterly.
C)annually.
D)monthly.
Q36: Mr. Zee worked 48 hours during the
Q37: Each employee of a firm will receive
Q38: Which of the following statements is not
Q39: Which of the following forms is submitted
Q41: For which of the following is there
Q42: Alfred Spindle earned gross wages of $1,850
Q43: Identify the list of accounts below that
Q44: Roy DeSoto earns a regular hourly salary
Q45: Samantha Rodriguez had gross earnings for the
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