Payroll Cash is a : Select one: a. liability. b. asset. c. expense. d. revenue. 1. Prepaid Worker's Compensation Insurance is what type of account? Select one: a. Asset b. Revenue c. Expense d. Liability The debit amount to Payroll Tax Expense represents: Select one: a. the employees' portion of the payroll taxes. b. None of these are correct. c. the employer's and employees' portion of the payroll taxes. d. the employer's portion of the payroll taxes. The information needed to make the journal entries to record the wages and salaries expense comes from: Select one: a. form 941. b. the payroll register. form W-2. d. the look-back period. 4. Wages and Salaries Expense is: Select one: a. equal to the employer's taxes. b. None of these are correct. c. equal to net pay. d. equal to gross pay. What type of account is Payroll Tax Expense? Select one: a. Asset b. Revenue c. Liability d. Expense 7. Which of the following statements is true? Select one: a. Payroll Tax Expense has a debit normal balance. b. FICA-Social Security Tax Payable is a liability. c. All of these answers are correct. d. Payroll Tax Expense increases on the debit side of the account. 3. FICA taxes are levied only on employees. Select one: 'True False What is debited if State Unemployment Tax Payable (SUTA) is credited? Select one: a. Salaries Expense b. Payroll Tax Expense c. Cash d. Salaries Payable 5. 5. 9 The balance in the Wages and Salaries Expense account is equal to net pay. Select one: True False 8. 8. 6