Question 7: Which of these taxes is NOT remitted with Form 941? Answer: A. O Federal income tax В. O Federal unemployment tax C. Social Security tax D. O Medicare tax
Question 7: Which of these taxes is NOT remitted with Form 941? Answer: A. O Federal income tax В. O Federal unemployment tax C. Social Security tax D. O Medicare tax
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Question 7: Which of these taxes is NOT remitted with Form 941?
Answer:
A.
Federal income tax
В.
Federal unemployment tax
С.
Social Security tax
D.
Medicare tax

Transcribed Image Text:Question 8: On what line of Form 940 is the total from Schedule A entered?
Answer:
А.
8 (FUTA tax before adjustments)
В.
11 (If credit reduction applies)
С.
12 (Total FUTA tax after adjustments)
D.
O 13 (FUTA tax deposited for the year)
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