Q1) If an employee asks you to date the last paycheck that you hand out in 2021 as 2022, you should:

		agree to defer the pay, and withhold FICA and FIT using 2022 rates and limits
		agree to defer the pay, but obtain written acknowledgement from the employee that they may be subject to the claim-of-right rule
		refuse to postdate the check
		agree to defer the pay, but withhold FICA and FIT using 2021 rates and limits
		agree to defer the pay, but let the employee know that they will be subject to the claim-of-right rule

Q2) On the December 31, 2021 payday, Jo is out sick. If Jo picked up her paycheck on January 4, 2022, on which year's W-2 should the wages be reported?

		2021
		2022

Q3) A company with a 5-day workweek pays employees on Friday. This month ends on Thursday. If gross salary for the week is $10,000, what is the necessary adjusting entry?

		no adjusting entry is necessary
		debit Salary Payable for $2,000; credit Salary Expense for $2,000
		debit Salary Expense for $8,000; credit Salary Payable for $8,000
		debit Salary Payable for $8,000; credit Salary Expense for $8,000
		debit Salary Expense for $2,000; credit Salary Payable for $2,000

Q4) You record the following payroll for your accrual basis calendar year employer for the week ended December 31, to be paid January 5:

Gross salary $200,000 Withholdings: Social Security tax $ 7,400 Medicare tax 2,900 Federal income tax 36,000 State income tax 10,000 Net pay $143,700

You will:

		debit Salaries Payable for $143,700; credit Salaries Expense for $200,000
		debit Salary Expense for $143,700; credit Salaries Payable for $200,000
		debit Salary Payable for $200,000; credit Salaries Expense for $143,700
		debit Salary Expense for $200,000; credit Salaries Payable for $143,700

Q5) The payroll register for Widget Company for the week ended March 28 indicated the following:

Salaries (gross)	$72,500
Social Security tax withheld	4,495
Medicare tax withheld	1,051
Federal income tax withheld	10,875
State income tax withheld	3,625
FUTA	56
SUTA	203

Assume all employees have earned less than $100,000 during the year. What amount will be credited to Salaries Payable in the first journal entry?

$66,695

$52,454

$72,500

$72,241

$52,195

PLEASE ANSWER ONLY IF YOU CAN ANSWER ALL OF THESE, DON'T ANSWER ONLY FIRST AND WRITE "IT IS THE POLICY OF CHEGG".

I know the policy and you should know that there are teachers on Chegg who solve all the questions, so spare this for them don't attempt PLEASE.

I will upvote you if all the questions will be correct.