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1) The amounts that a business withholds as Federal, State, and Social Security and Medicare taxes from an employee's earnings Are deposited in an interest-bearing
1) The amounts that a business withholds as Federal, State, and Social Security and Medicare taxes from an employee's earnings
Are deposited in an interest-bearing account until the employee is terminated
Represent current liabilities to the employer
Represent miscellaneous revenue to the employer
Represent payroll taxes expense to the employer
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