How are the linked accounts for CPP different from the linked accounts for income tax - O a. CPP has a linked liability account only; income tax has an expense account only O b. CPP has a linked expense account only; income tax has a liability account only
How are the linked accounts for CPP different from the linked accounts for income tax - O a. CPP has a linked liability account only; income tax has an expense account only O b. CPP has a linked expense account only; income tax has a liability account only
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Transcribed Image Text:O d. you cannot make changes to these fields
QUESTION 7
How are the linked accounts for CPP different from the linked accounts for income tax -
O a. CPP has a linked liability account only; income tax has an expense account only
Ob. CPP has a linked expense account only; income tax has a liability account only
Oc. CPP has both linked liability and expense accounts; income tax has a liability account only
d. none of the above
QUESTION 8
Creating an Accountant s Copy of your data allows your accountant to
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