What is the connection between the employees' earnings records and payroll tax reporting?
What will be an ideal response?
1. Employees' earnings records contain details of payroll tax reporting and may be considered as source documents.
2. Employees' earnings records contain year-to-date gross pay, which reflects when employees reach tax bases.
You might also like to view...
A journal voucher is an internal source document used to notify the GL to make an accounting entry
Indicate whether the statement is true or false
Activity-based costing considers non-volume-related activities that create costs such as:
a. Direct labor usage. b. Machine operations. c. Consumption of indirect materials and energy usage. d. Machine setups and product design changes.
The term "global village" most closely refers to small communities in underdeveloped countries
Indicate whether the statement is true or false
The phrase made a payment contains an expletive
Indicate whether the statement is true or false