IDENTIFY THE THREE TYPES OF EMPLOYER PAYROLL TAXES
Question 1 Identify the three types of employer payroll taxes. How are tax liability accounts and payroll tax expense accounts classified in the financial statements? Question 2 Peralta Company borrows $45,600 on July 1 from the bank by signing a $45,600, 10%, one-year note payable. (a) Prepare the journal entry to record the proceeds of […]