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13: Total taxes before adjustments are $7,803.15, total deposits for the quarter are $7,803.17, and the difference between the amounts is due to rounding. On
13: Total taxes before adjustments are $7,803.15, total deposits for the quarter are $7,803.17, and the difference between the amounts is due to rounding. On what line of Form 941 is the difference recorded? Answer: A. 7 (Current quarter's adjustment for fractions of cents) B. 119 (Total nonrefundable credits) C. 13b (Reserved for future use) D Differences less than a dollar are not recorded on Form 941
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Managerial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
10th Edition
B010IKDQZM
