College Accounting - With Quickbooks 2015 CD and Access
College Accounting - With Quickbooks 2015 CD and Access
12th Edition
ISBN: 9781305790254
Author: Scott
Publisher: Cengage
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Chapter 8, Problem 7E

On September 30, Hilltop Company’s selected payroll accounts are as follows:

Chapter 8, Problem 7E, On September 30, Hilltop Companys selected payroll accounts are as follows: Prepare general journal

Prepare general journal entries to record the following:

Oct. 15 Payment of federal tax deposit of FICA taxes and the federal income tax.

31 Payment of state unemployment tax.

31 Payment of federal unemployment tax.

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Given answer accounting questions
5 From the options listed below, which of the following does NOT describe a cause of management bias? Select one: a. the desire for all stakeholders to have access to all information b. the tendency to downplay negative events c. the desire to meet financial analysts’ expectations d. the need to comply with contracts, such as debt covenants
3 Management’s primary responsibility with respect to financial statements is to   Select one: a.prepare them, as they have the best insight and know what should be included. b.audit them, as they are distant enough from daily operations. c. rely on them to make decisions d. None of the above are true.
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How JOURNAL ENTRIES Work (in Accounting); Author: Accounting Stuff;https://www.youtube.com/watch?v=Y-_Q3rANyxU;License: Standard Youtube License