TRUE/FALSE 1. Social Security taxes are levied equally on the employee and the employer. 2. Employee benefits costs represent expenses to the employer in addition to the direct costs of salaries and wages. .3. Unearned revenues are classified as current liabilities 4. Each time a payroll is recorded, a separate journal entry usually is made to record the employer's FICA and state and federal unemployment taxes. 5. Since Jon Company has very little employee turnover, the company has received a very Tavorable merit rating. As a result, Jon Company should expect to pay substantial smaller amounts of FICA taxes than normal. 6. Employee payroll deductions include FICA taxes, income tax, and voluntary deductions such as for pensions and charities. Employers report FICA Taxes and federal income tax withholdings using Form 941. .7. An employer's payroll records include a payroll register for each pay period, payroll checks and statements of earnings, and individual employee earning reports. 8. Net pay is recorded as taxes payable. 9