Question
Which of the following statements about payroll taxes is true? A : Federal and state unemployment taxes are paid by employers to the taxing authority
Which of the following statements about payroll taxes is true?
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A :
Federal and state unemployment taxes are paid by employers to the taxing authority and are recorded as salaries and wages expense.
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B :
Federal and state unemployment taxes are paid by employers to the taxing authority and are recorded as payroll tax expenses.
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C :
Federal and state unemployment taxes are paid by employers to employees at the time they leave the company and are recorded as salaries and wages expense.
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D :
Federal and state unemployment taxes are paid by employers to employees at the time they leave the company and are recorded as payroll tax expenses.
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