25. 2. Tim carns $16 per hour. He worked 47 hours this pay period and receives time-and-a-half for any hours worked over 40 hours per week. His gross pay is: 5 Points S640 b. $752 c. $808 d. $1,128 Employers determine the amount of federal income tax withholdings based on the number of allowances an employee has indicated on form: a. W-2 b. W-3 c. W-4 d. Circular E 26. 27. Generally, employers are required to withhold a portion of an employee's wages for all except: a. Federal unemployment tax b. FICA c. Federal income tax d. State income tax 28. 29. Explain how to calculate OASID and Medicare taxes. 5 Points Employers record cach employee's gross earnings, employee withholding taxes, net pay, and taxable carnings in a. The payroll register b. The payroll tax return c. The social security retum d. The federal income tax return 30. Sales Discounts is a: a. Revenue account b. Expense account c. Contra-Revenue account d. Contra-Expense account A business makes a sale on account and the customer returns the item. When recording the retur, the business issues a: 31. a. sales invoice b. sales credit c. credit memorandum d. debit memorandum 32 The entries in the sales journal must also be recorded separately to: a. the accounts receivable general ledger account b. the accounts receivable subsidiary ledger accounts