Which tax is NOT paid by the empolyee?

		FUTA
		state incme tax
		medicare
		social security

1 points

Question 2

Which tax does NOT have maximum amount per employee?

		State Unemployment
		federal unemployment
		social security
		medicare

0.5 points

Question 3

The following are accounts that will appear in the entry to record the journal entry for wages expense. Match the accounts with their position. You can use an answer more than once.

- A. B.	Wages Payable
- A. B.	Wages Expense
- A. B.	Income Tax payable
- A. B.	social security payable

A.	Debit
B.	Credit

0.5 points

Question 4

I am doing a journal entry for my payroll taxes. Which accounts will be debits and which will be credits? You can use an answer more than once.

- A. B.	medicare tax payable
- A. B.	payroll tax expense
- A. B.	social security payable
- A. B.	State Unemployment tax payable

A.	debit
B.	credit

Who pays the employee's income tax?

		emplyee only
		employer only
		both the emplyee and the employer
		the IRS

0.5 points

Question 6

An emplyee makes $700. His employer deducts $50 for income tax and $70 for social security and medicare. The employer pays $70 for social security and medicare and $10 for FUTA. How much does this employee cost the employer?

		$700
		$780
		$900
		$660