If the employee has 300 withheld from their check for

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Reference no: EM13592937

1. If the employee has $300 withheld from their check for FICA-OASDI, what is the added amount that the employer would need to pay?

a) $300

b) $100

c) 0

d) $400

2. The information needed to make the journal entries to record the wages and salaries expense comes from:

a) form W-2

b) the look-back period

c) the payroll register

d) from 941

3. The employer's total FICA, SUTA, and FUTA tax cost is recorded as:

a) a debit to payroll Tax Expense

b) a credit to Payroll Tax Expense

c) a credit to Payroll Tax Payable

d) a debit to Payroll Tax Payable

4. Which of the following would not typically be an employee payroll withholding?

a) Unemployment taxes

b) Medical Insurance

c) State income tax

d) Social Security

5.Which of the below allowances would have the least amount of taxes withheld for federal income tax purposes?

a) S-1

b) S-2

c) S-3

d) S-0

Reference no: EM13592937

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