Examlex
In maternal effect, the of the mother determines the of the offspring.
Wages Payable
An accounting term for the amount owed to employees for work performed that has not yet been paid.
Cash
Liquid currency and coins, along with items of immediate bankability like checks, bank drafts, and money orders, considered a highly liquid asset.
Federal Income Tax
The tax levied by the Internal Revenue Service on the annual earnings of individuals, corporations, trusts, and other legal entities.
FICA Taxes
Taxes required by the Federal Insurance Contributions Act, funding Social Security and Medicare, assessed on both employers and employees.
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