Complete the payroll register for the payroll period ending December 20 and also compute the employer’s FICA taxes for the pay period ending December 20.

Question

What accounting principle requires using the same accounting methods and principles from one period to another?a) Materiality principleb) Consistency principlec) Matching principled) Revenue recognition principle

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Chapter 4, Problem 5PB

To determine

Complete the payroll register for the payroll period ending December 20 and also compute the employer’s FICA taxes for the pay period ending December 20.

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What accounting principle requires using the same accounting methods and principles from one period to another?a) Materiality principleb) Consistency principlec) Matching principled) Revenue recognition principle

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