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QUESTION 7 HapCo opened for business on June 6, 2022. As of June 30, 2022, it has accumulated 941 liabilities of $60,000, which it
QUESTION 7 HapCo opened for business on June 6, 2022. As of June 30, 2022, it has accumulated 941 liabilities of $60,000, which it deposits on July 15, 2022. A. HapCo's deposit is late B. HapCo will be a semiweekly depositor in 2023 C. HapCo will remain a monthly depositor until June 2023 D. none of the above QUESTION 8 In December 2022, GrabCo withholds from an employee's pay: $100 FICA; $200 FITW; $50 SIT, and a $40 contribution to a 401k. For this pay period, its 941-tax liability for this employee is: A. $100 B. $200 C. $400 D. $450
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