Identify the list of accounts below that would normally all have a debit balance.
A. Payroll Taxes Expense, Salaries Expense, Workers' Compensation Insurance Expense.
B. Worker's Compensation Insurance Payable, Salaries Payable, Salaries Expense.
C. Worker's Compensation Insurance Expense, Prepaid Insurance, Medicare Tax Payable.
D. Social Security Tax Payable, Medicare Tax Payable, Employee Income Tax Payable.
Answer: A
You might also like to view...
The general ledger process comprises all of the following except:
a. providing information for financial reporting b. servicing the needs of managerial reporting c. classifying data by general ledger accounts d. ensuring that the external financial statements conform to GAAP
If velocity of money is 6, the price level is 1.2, and real output is worth $1,100 billion, what is the money supply?
A. $65 billion B. $153 billion C. $220 billion D. $5,500 billion
When selecting a method of inventory costing, a company must consider all of the following except:
a. federal and state income tax regulations. b. current economic conditions. c. the flow of materials. d. its rate of inventory turnover.
To prepare for the next interview, what should be done after an initial interview?
A) Research your online presence B) Research potential information that might be found in a background check C) Evaluate your performance in the interview D) Find ways to minimize weaknesses E) Call within 24 hours to set up the next interview