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When the federal tax deposit is made, the employees’ and employer’s shares of FICA taxes are paid along with the employees’ FIT taxes withheld.

Which of these accounts shows the total gross earnings that the employer incurs as an expense each payday?

When the federal tax deposit is made, the employees’ and employer’s shares of FICA taxes are paid along with the employees’ FIT taxes withheld.

Since the FUTA tax is a social security tax, it can be charged to the same expense account as the other payroll taxes on the employer, the payroll taxes account.

Since the FUTA tax is a social security tax, it can be charged to the same expense account as the other payroll taxes on the employer, the payroll taxes account.

In recording the monthly adjusting entry for accrued wages at the end of the accounting period, the amount of the adjustment would usually be determined by:

The amount of federal income taxes to be withheld is determined after subtracting from the employee’s gross wages any local and state taxes.

The employer’s payroll tax expenses are recorded by all employers at the time these taxes are actually paid.

The amount of federal income taxes to be withheld is determined after subtracting from the employee’s gross wages any local and state taxes.

Hourly employees who take work home without the permission of the employer do not have to be paid for the work done at home.