A Key Source of Information for Computing Employer Payroll Taxes

question 79

Multiple Choice

A key source of information for computing employer payroll taxes is the

• A) statement of owner's equity.
• B) end-of-period balance sheet.
• C) payroll register.
• D) employees' check stubs.

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Definitions:

Stock Dividend

A distribution of additional shares of a company's stock to its shareholders at no extra cost, based on their existing holdings.

Stock Dividends Distributable

Shares of stock that are to be issued to shareholders as a dividend, representing a distribution of additional shares rather than cash.

Common Shares

Units of ownership interest in a corporation, giving holders voting rights and a share in the company’s profits via dividends.

Dividends Declared

Dividends declared are the portion of a company's earnings that the board of directors decides to distribute to shareholders.