21. Employer taxes include all the following except: Federal Unemployment Tax Social Security and Medicare Tax State Unemployment Tax Federal Income Tax Withholdings

Question 22. 22. Time tickets are used to:

Record weekly or monthly information Record payroll Record time-based activities Track sales invoices

Question 23. 23. Which of the following have debit balances?

Revenues, Liabilities, Owners' Equity Owners' Equity, Assets Liability, Expenses Assets, Expenses

Question 24. 24. After you copy Peachtree data to Microsoft Word, you need to:

Format the data Click on the Excel icon Use the Word macro Click on Open the file

Question 25. 25. Employer premiums paid for health insurance are called:

Retirement plan expense Health insurance expense State unemployment tax expense Worker's compensation tax expense

Question 26. 26. The account type for accrued wages account is:

Other Current Liabilities Other Current Assets Income Expenses

Question 27. 27. The amount of time spent by an employee on a job is usually recorded on:

Labor Distribution to Jobs window Customer Invoice window Purchases window Statement of owners equity

Question 28. 28. The report that shows the profit or loss for each job is called:

Income Statement Jobs Earnings Report Balance Sheet Job Profitability Report

Question 29. 29. Examples of expense ticket charge items are:

Fixed asset accounts Inventory accounts Copying, faxing, court fees Research, consultants, writing reports

Question 30. 30. The employer payroll tax expense on employee wages that is paid for funding state compensation for unemployed workers is the:

Social Security and Medicare tax expense Federal Unemployment Tax (FUTA. Expense) State Unemployment Tax (SUTA. Expense) Worker's Compensation expense