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FICA tax is a payroll tax that is paid only by employers. True False 1 point The statement of cash flows is organized in the

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FICA tax is a payroll tax that is paid only by employers. True False 1 point The statement of cash flows is organized in the following order: operating, financing, investing. True False 82 points Debts owed by a business are referred to as expenses liabilities stockholders' equity accounts receivable 92 points A debit may signify a(n) decrease in liability accounts decrease in the dividends account. increase in the common stock account decrease in an asset account

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