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List Two Payroll Tax Forms and Briefly Explain Their Function

question 6

Essay

List two payroll tax forms and briefly explain their function.

Recognize the stages and models in the process of organizational change.
Understand the concept of learning organizations and strategies for fostering them.
Analyze factors leading to resistance to change and strategies for overcoming it.
Describe various approaches to organizational change (attitude-centered, role-centered, etc.).

Definitions:

Income Summary

An account used in the closing process, summarizing all revenues and expenses for a period, to transfer the net result to capital accounts.

Capital Account

A capital account is an account on a company's balance sheet that represents the equity investment of owners and shareholders.

Closing Entries

Journal entries made at the end of an accounting period to transfer the balances of temporary accounts to a permanent equity account.

General Ledger

A thorough collection of financial records that documents every financial transaction undertaken by a business.

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