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FICA taxes on employee earnings are paid by both the employer and the employee. True False
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Asked 10/29/2013 8:40:38 PM
Updated 332 days ago|1/20/2018 12:30:50 PM
2 Answers/Comments
Flagged by emdjay23 [1/20/2018 12:30:50 PM]
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User: FICA taxes on employee earnings are paid by both the employer and the employee. True False

User: Small businesses often hire an accountant or an outside company to handle payroll. True False

Question
Asked 10/29/2013 8:40:38 PM
Updated 332 days ago|1/20/2018 12:30:50 PM
2 Answers/Comments
Flagged by emdjay23 [1/20/2018 12:30:50 PM]
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FICA taxes on employee earnings are paid by both the employer and the employee. TRUE.
Added 332 days ago|1/20/2018 12:30:35 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [1/21/2018 9:11:48 AM]
3
Small businesses often hire an accountant or an outside company to handle payroll. TRUE.
Added 332 days ago|1/20/2018 12:30:48 PM
This answer has been confirmed as correct and helpful.
Confirmed by jeifunk [1/21/2018 9:11:56 AM]
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Updated 6/4/2015 9:39:03 AM
1 Answer/Comment
After each transaction is posted from the general ledger to the accounts receivable subsidiary ledger a slash and a checkmark should be placed in the post. ref. column.
Added 6/4/2015 9:39:02 AM
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Accounting terms are used to communicate information about business operations. Therefore, accounting is known as "the language of business." True False User: Classifying is entering financial information about events into the accounting system. True False User: Interpreting is deciding the meaning and importance of the information in various reports. True False
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Expert Answered
Updated 65 days ago|10/14/2018 11:28:12 AM
2 Answers/Comments
Accounting terms are used to communicate information about business operations. Therefore, accounting is known as "the language of business." TRUE.
Added 65 days ago|10/14/2018 11:27:29 AM
This answer has been confirmed as correct and helpful.
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Added 65 days ago|10/14/2018 11:28:12 AM
This answer has been confirmed as correct and helpful.
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