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Information gathered from the payroll register about each employee's payroll information is transferred to the ____ ____ ____. preparing reports required by state unemployment compensation laws. A. Multiple choice question. The cash based businesses will show an increase in payroll expenses when: Once the journal entry for the payroll is complete, the information is posted to the appropriate general ledger accounts. The employees' earnings records are the link between accounting and human resources and contain information from the payroll register. \text{Theoretical capacity} & \text{300} & \text{units}\\ The general ledger contains information about the individual accounts used in general journal transactions Employee regular earnings are calculated as (A) regular hours times regular rate. The accounting process generates financial reports for both internal and external users. Vacation expense should be recorded as a debit when the employee earns it. FICA Taxes Payable-OASDI Disposable earnings are the earnings remaining after withholding federal income taxes. \hline\\ (C) a memorandum. and more. C) Vacation pay earned by employees Amounts listed on Employees' Earnings Records are used to facilitate computations and to verify accuracy of Form 941, 940, 944, and W-2/W-3. a.The Self-Employment Contributions Act sets the minimum wage and the current minimum wage rate is $9.19 per hour. f(x)=0.1(10+12x0.6x2)f^{\prime}(x)=0.1\left(10+12 x-0.6 x^2\right) \quadf(x)=0.1(10+12x0.6x2) for 0x250 \leq x \leq 250x25. Which of the following is an employer's payroll responsibility? d. companies are allowed to automatically enroll employees in the company's retirement plan. Salaries and Wages Payable, Which of the following taxes would NOT be included in the employer related payroll entry? Employers are required to furnish each employee with an annual statement of earnings and withholdings before: The payroll register provides all the payroll information needed to prepare a payroll. Multiple choice question. (B) IRS Form 941 Are the tax returns and remittances approved and signed by the appropriate parties? account Multiple select question. (B) marital status. True Although the garnishment would be deducted from the employee's pay, the business is responsible (liable) for remitting the deduction to the creditor. and an employee earnings record? Under the Affordable Care Act, which employers are required to provide insurance coverage for all full-time employees and their dependents? 1. The purpose of a labor report is to do what? -bring the accountant to the next entry in the general ledger. FUTA Taxes Payable FUTA Taxes Payable is an expense account in which are recorded the employer's federal unemployment taxes. (D) IRS Form W-3. D. FUTA Taxes Payable Wages and taxes payable, Labor reports would be provided to: medicare tax payable, Recorded employer payroll tax expense for the semimonthly pay period ended april 15. The adjusting entry to record accrued vacation pay for two days includes: Using an automated entry, the payroll accountant would record transactions through b.The payroll period (C) annually. 30 seconds . Which of the following are processes that occur in most payroll accounting systems? T-tables. C246, Salary expense Accounting 1 - Chapter 13 Flashcards | Quizlet a. wages for child support. Multiple select question. laurencbezzant. D) a percentage of the previous week's gross payroll. using the wages of the salaried workers only. Federal withholding tax, Social Security tax Also known as the Federal Wage and Hour Law. It produces a plastic toy in three separate departments: Molding, Assembling, and Finishing. \text{Variable budgeted manufacturing cost} & \text{\$ 10} & \text{per unit}\\