Which Of The Following Pertains To A Payroll Register?

ane. The purpose of the cyberspace pay and check number columns in the payroll register is to verify

accurate disbursal of payroll. True

ii. The payroll register is identical for each company. B

3. The information in the payroll register forms the basis for entries in thursdaye Employee Earnings

Records and the General Journal. True

4. Employee earnings records form the link between accounting and the homo resources

department. True

five. As well containing the supporting data for periodic tax reports, the employee earnings record

serves as a dorsumupward in the event of estimator failure. True

6. A debit always decreases the residuum of an account. Imitation

7. The General Journal contains records of a firm's financial transactions, which appear

chronologically. True

viii. In the General Ledger, the debit cavalcade reflects the balance of the account. False

9. Two complete payroll-related General Journal entries are recorded each pay period: ane for the

useees' payroll, one for the employer's shareast of the taxes. True

10. Payroll accruals reflect the amount of payroll paid merely not earned at the finish of the financial

period. False

11. Which of the following best describes the purpose of the payroll register?

A) It is a list of all persons and companies that the company pays money during a period.

B) It is an individual register maintained for each employee, listing of all the payroll information.

C) It is a worksheet that accountants use to ensure payroll accuracy.

D) It is a report tchapeau becomes published with other financial reports.

12. Columns included in the payroll register to compute net pay may include which of the following?

(You may select more than one answer. Unmarried click the box with the question marker to produce a

check mark For a correct answer and double clicm the box with the question mark to empty the

box for a wrong Answer. Any boxes left with a question marking will exist automaticmarry graded as

incorrect.)

A) Medicare revenue enhancement

B) Employee accost

C) Employee signature

D) Garnishments

13. Which columns might an employer include to facilitate employer-share payroll revenue enhancement General

Journal entries? (You may select more than ane answer. Single click the box with the question

marking to produce a Cheque marking for a right answer and double click the box with the question

marking to empty the box For a wrong reply. Any boxes left with a question mark will be

automaticmarry graded as incorrect.)

A) Worker's Compensation

B) FUTA

C) SUTA

D) Employer's Federal Income tax

fourteen. Which of the following columns would exist used every bit part of a general journal entry? (You may

select more than ane answer. Single click the bo10 with the question marking to produce a cheque

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