Chapter 13 Accounting for Payroll and Payroll Taxes

All the payroll information needed to prepare payroll and tax reports is found on. (p. 378)

• Form W-4 and the employee earnings record
• Form W-4 and the payroll register
• the payroll register and the employee earnings record
• Form W-4

The payroll journal entry is based on the totals of the payroll register . (p. 379)

• Total Earnings column, each deduction column, and the Net Pay column
• Total Earnings, Earnings Regular, Earnings Overtime, and Deductions Total columns
• Earnings Regular, Earnings Overtime, and Deductions Total columns
• Total Earnings, Earnings Regular, and Earnings Overtime Total columns

The Total Earnings column total of a payroll register is journalized as a debit to . (p. 380)

• Cash
• Salary Expense
• Employee Income Tax Payable
• Social Security Tax Payable

The total of the Federal Income Tax column of a payroll register is credited to. (p. 380)

• a revenue account
• an expense account
• a liability account
• an asset account

The total of the Net Pay column of the payroll register is credited to . (p. 380)

• a revenue account
• an expense account
• an asset account
• a liability account

When a semimonthly payroll is paid, the credit to Cash is equal to the . (p. 380)

• total earnings of all employees
• total deductions for income tax and social security tax
• total deductions
• net pay of all employees

Employer payroll taxes are . (p. 382)

• assets
• expenses
• revenues
• none of these

Payroll taxes that are paid by both the employer and the employee are . (p. 382)

• federal unemployment tax and social security tax
• federal unemployment tax
• social security tax and Medicare tax
• federal income tax, social security tax, and Medicare tax

A tax paid to administer the unemployment program is the . (p. 382)

• social security tax
• Medicare tax
• federal unemployment tax
• state unemployment tax

A state tax used to pay benefits to unemployed workers is the. (p. 382)

• social security tax
• Medicare tax
• unemployment tax
• state unemployment tax