click below
click below
Normal Size Small Size show me how
AR Com Acct I - U5
Arkansas Comp. Acctg. I - Unit 5 - Payroll Accounting
Question | Answer |
---|---|
employer's quarterly federal tax return | 941 |
business form used to record details affecting payments made to an employee | employee earnings record |
taxes owed to the government by the employer based on payroll | employer's payroll taxes |
tax paid by employers to provide funds for workers who are temporarily unemployed | federal unemployment tax |
total amount earned by an employee for a pay period before deductions | gross earnings |
provides health insurance benefits for the elderly | medicare tax |
total earnings paid to an employee after payroll taxes and other deductions are withheld | net pay |
period covered by a salary payment | pay period |
list of employees and the payments due to each employee for a pay period | payroll |
checks written to each employee for amount due | payroll checks |
organized records of a business's payroll activities | payroll records |
business form used to record payroll information | payroll register |
a planned process for producing and providing payroll information | payroll system |
taxes withheld from employee earnings | payroll taxes |
tax paid by employer to provide funds for workers who are temporarily unemployed | state unemployment tax |
wage and tax statement | W-2 |
transmittal of income and tax statement | W-3 |
tax form that contains the information used to determine the amount of income tax withheld for employees | W-4 |