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What type of account is Payroll Tax Expense? O A. Asset B. Expense C. Contra-revenue D. Prepaid liability Form SS-4 is: O A. submitted to

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What type of account is Payroll Tax Expense? O A. Asset B. Expense C. Contra-revenue D. Prepaid liability Form SS-4 is: O A. submitted to summarize the W-2 forms to the Social Security Administration. B. submitted quarterly to pay FIT and FICA taxes. C. submitted annually to pay unemployment taxes. D. completed to obtain an EIN. Which of the following statements is false? O A. FICA - OASDI Payable increases on the credit side of the account. B. Payroll Tax Expense increases on the debit side of the account. C. FUTA Tax Payable increases on the debit side of the account. D. Payroll Tax Expense is an expense account. A calendar quarter is made up of: O A. 5 weeks. B. 4 months. O C. 13 weeks. OD. however many weeks are needed to complete the month. Wages and Salaries Expense is: A. equal to gross pay. B. equal to net pay. C. equal to the employer's taxes. D. equal to wages and Salaries paid in cash

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