Employees paid by the hour without a guarantee of a weekly minimum salary do not qualify for the salary test for white-collar workers.

When the federal tax deposit is made, the employees’ and employer’s shares of FICA taxes are paid along with the employees’ FIT taxes withheld.

In recording the monthly adjusting entry for accrued wages at the end of the accounting period, the amount of the adjustment would usually be determined by:

Which of these accounts shows the total gross earnings that the employer incurs as an expense each payday?

Since the FUTA tax is a social security tax, it can be charged to the same expense account as the other payroll taxes on the employer, the payroll taxes account.

When recording the deposit of FUTA taxes owed, the proper entry is:

In most states, the contribution reports and the wage information reports are filed quarterly.

The employer’s payroll tax expenses are recorded by all employers at the time these taxes are actually paid.

In most states, the contribution reports and the wage information reports are filed quarterly.

The amount of federal income taxes to be withheld is determined after subtracting from the employee’s gross wages any local and state taxes.