Which of the following accounts shows the total gross earnings that the employer incurs as an expense each payday? Payroll taxes, federal income taxes payable, wages expense, or salaries payable?
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Which of the following accounts shows the total gross earnings that the employer incurs as an expense each payday? Payroll taxes, federal income taxes payable, wages expense, or salaries payable?
Should show salary (actual wage), employer share of payroll taxes as an expense. Liability should be federal and state income taxes withheld, employee share of payroll tax
Agreed!
[QUOTE=kiernico]Which of the following accounts shows the total gross earnings that the employer incurs as an expense each payday? Payroll taxes, federal income taxes payable, wages expense, or salaries payable?[
Should comsider the following:employee wages, federal income tx payable other employee taxes.once you find out more, identify individuals and workjout program
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