Federal and State unemployment tax, medicare tax, social security tax are what?
What is employer payroll taxes?
200
The total amount earned by all employees for a period.
What is payroll?
200
If total earnings for an employee are $1050. What is the social security tax?
What is $65.10?
200
The accounting concept that is applied whenpayroll taxes are reported as a seperate itme in the accounting records and on financial statements?
What is materiality?
300
An automatic transfer to someones account is an example of this.
What is electronic funds transfer(EFT)?
300
If an employee earns $1140.75. What is the medicare tax?
What is $16.54?
300
Unemployment taxes are paid to.
What is federal and state governments?
400
All time worked in excess of 40 hours is multiplied by this before multiplying by the pay rate.
What is 1.5?
400
If an employee works 85 hours in a week, is paid $12 per hour, and recieves time and a half for any hours over 80 what are total earnings?
What is $1050?
400
When a special payroll account is used, he balance after all checks are cashed is.
What is zero?
500
All semiweekly depositors must use this system.
What is the Electronic Federal Tac Payment System (EFTPS)?
500
If sales on account are $6600, cash and credit card sales are $8200, sales discounts are $108.50, returns and allowances $14800, what is the commision at 1%?