Accounting - Chapter 13

Accounting - Chapter 13

Assessment

Assessment

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KG - University

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24 questions

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1.

Multiple Choice

30 sec

1 pt

The transaction to record employer payroll taxes expense is journalized  at the end of the quarter.

True

False

2.

Multiple Choice

30 sec

1 pt

In each pay period the payroll information for each employee is recorded on each employee earning record.

True

False

3.

Multiple Choice

30 sec

1 pt

The payroll register and employee earnings records provide all the payroll information needed to prepare a payroll.

True

False

4.

Multiple Choice

30 sec

1 pt

The source document for payment of a payroll is the time card.

True

False 

5.

Multiple Choice

30 sec

1 pt

Employer payroll taxes are business expenses.

True

False

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