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1. Payroll taxes dedicated from an employees earning are recorded in what type of account?
- Assets
- Accounts Payable
- Long Term Liabilities
- Other Current liabilities
2, FICA-Social Security Tax and FICA-Medicare Tax are paid by the?
- Employee
- Employer
- Bother the employee and employer
- Local taxing authority
3. The payroll report that list each employees earning and deduction is the?
- Current Earnings Report
- Payroll Journal
- Payroll Tax Report
- Tax Liability Report
Answer & Explanation
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