Response to the following questions:
1. What taxes are employers accounting for that increase the debit to Payroll Tax Expense?
2. Generally, what is the time schedule for payment of workers' compensation insurance premiums?
3. Explain the advantage of establishing a tax calendar.
4. Explain how payroll fraud can be prevented.
5. Describe the journal entry to:
a. Record the payroll.
b. Record the employer's payroll tax contributions.
c. Pay the payroll.
d. Pay the state and federal unemployment taxes.
e. Pay the FICA (Social Security and Medicare) and Federal Income Tax withholding.
f. Pay the state income tax withholding.