What is the purpose of Form 941? a. Accounts for all employee gross wages and federal tax

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What is the purpose of Form 941?

a. Accounts for all employee gross wages and federal tax– required withholdings during a quarter

b. Used to calculate the federal unemployment tax due for a quarter

c. Reports the yearly amounts of gross wages and required federal tax withholdings

d. Used to calculate the state unemployment tax due for a quarter

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College Accounting A Contemporary Approach

ISBN: 9781260780352

5th Edition

Authors: David Haddock, John Price, Michael Farina

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