Payroll 1
Taxes
Merchandising Business
Sales
Accouting Forms
100
Business form used to record payroll information
What is payroll register
100
a tax on a sale of merchandise or services
What is sales tax
100
person or business to which merchandise or services are sold
What is customer
100
sale in which a credit card is used for the total amount of the sale at the time of transaction
What is credit card sale
100
employer's quarterly federal tax return
What is 941
200
Total amount earned by an employee for a pay period before deductions
What is gross earnings
200
Provides health insurance benefits for the elderly
What is medicare tax
200
business that meets certain legal requirements to be recognized as having legal existence, as an entity separate and distinct from its owners.
What is corporation
200
sale in which cash is received for the total amount of the sale at the time of the transaction
What is cash sale
200
Tax form that contains the information used to determine the amount of income tax withheld for employees.
What is W-4
300
Total earnings paid to an employee after payroll taxes and other deductions are withheld
What is net pay
300
taxes withheld from employee earnings
What is payroll taxes
300
computer used to collect, store, and report all the information of a sales transaction
What is Point-of-sale (POS) terminal
300
petty cash on hand amount that is more than a recorded amount
What is cash over
300
wage and tax statement
What is W-2
400
Organized records of a business's payroll activities
What is payroll records
400
Taxes owed to the government by the employer based on payroll
What is employer's payroll taxes
400
a merchandising business that sells to those who use or consume the goods
What is retail merchandising business
400
closing out all the transactions on the system that were processed for a particular day
What is batching out
400
A financial statement that summarizes a company's assets, liabilities and shareholders' equity at a specific point in time.
What is balance sheet
500
Business form used to record details affecting payments made to an employee
What is employee earnings record
500
tax paid by employer to provide funds for workers who are temporarily unemployed
What is state unemployment tax
500
the report that summarizes the cash and credit card sales of a point-of-sale terminal
What is Terminal summary
500
credit allowed a customer for part of the sales price of merchandise that is not returned, resulting in a decrease in the vendor's accounts receivable
What is sales allowance
500
transmittal of income and tax statement
What is W-3
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