The Following Totals for the Month of June Were Taken

question 26

Multiple Choice

The following totals for the month of June were taken from the payroll register of Ford Company. The entry to record the accrual of federal unemployment taxes would include a

• A) credit to Federal Unemployment Taxes Payable for $160.
• B) credit to Federal Unemployment Taxes Expense for $160.
• C) credit to Payroll Tax Expense for $160.
• D) debit to Federal Unemployment Taxes Payable for $160.

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Definitions:

Contractors

Individuals or companies that undertake contracts to provide services or perform work, typically in construction or other industries requiring specialized skills.

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The act or a result of breaking or failing to observe a law, agreement, or code of conduct.

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Explicit consent refers to a clear and unequivocal agreement to something, often provided verbally or in writing, without any ambiguity or implication.