Johnny is a payroll accountant for a company. he prepare the payroll on the weekly basis. on tuesday bob one of the employees ask johnny not take out any payroll deductions from this weeks pay. bob promise johnny that he can catch up on the deductions over the next month. The deductions include employee income atx, Social Security tax, Medicare tax, and Health insurance premiums. johnny must write bob a short paragraph explaining that ommitting deduction from a pay period will cause errors in the company's financial statement,