The payroll register provides all of the payroll information needed to prepare a payroll

A business deposits the total of gross wages in a separate payroll checking account

Employer payroll taxes are business expenses

The employer social security tax rate is different than the employee social security tax rate.

Federal employment insurance laws require that employees pay taxes for unemployment compensation

The transaction to record employer payroll tax expenses is journalized at the end of the quarter.

Each employer is required by law to periodically report the payroll taxes withheld from employee salaries.

The timing of payroll tax payments is based on the amount owed.

Form W-2 reports an employee's annual earnings and the withholdings for federal income, social security, and Medicare taxes

In the journal entry for payroll, the amount debited to Salary Expense is the total Net Pay column of the payroll register.

The tax base for Medicare tax is the same as the tax base for social security

If an employee's accumulated earnings are $6500 and the employee earns another $1500, the amount of the new earnings subject to unemployment tax is $1500.

Some employers must deposit payments for withheld employee's federal income tax, social security, and Medicare taxes on the next day of banking

Each employer who withholds income tax, social security tax, and Medicare tax from employee earnings must furnish each employee with a quarterly statement.

The only taxes that the employer must pay are unemployment taxes.

The amount entered for Payroll Tax Expenses is the total gross earnings of the pay period

Federal withholding taxes and social security taxes are normally paid once a year by the employer

Social Security Tax is paid by both the employee and employer

Amounts deducted from employee's earnings and held for payment by the employer become liabilities to the business

The total amount of gross earnings is entered on the ______ side of the Salaries Expense account

The account Employee's Federal Income Tax Payable would normally have a _______ balance

Salaries Expenses would normally have a ____ balance

Medicare Tax Payable account would normally have a ______ balance

When a payment is made to the state government for the employee's state income tax, an entry is made on the ______ side of the Employee's State Income Tax Payable account

The Payroll Tax Expense account normally has a ______balance

An increase in State Unemployment Tax Payable would be a _______

An account Insurance Premiums Payable would normally have a ______ balance

Form W-2 must be prepared and give to each employee by ________ of the year following that in which the taxes were deducted

A state tax used to pay benefits to unemployed workers is

The source document for paying state unemployment tax is

Until the amounts withheld from the employee salaries are paid by the employer, they are recorded as:

The payment of payroll taxes to the government is referred as a

The total earnings subject to federal unemployment tax is referred to as

Each employer must file a _________ federal tax return showing the federal income tax, social security tax, and Medicare tax due to the government