Statements regarding employee payroll tax deductions


Question: Which of the following statements regarding employee payroll tax deductions is not true? a. Employee tax deductions are expenses to the employer. b. Employee tax deductions are credited in the journal entry to record the associated wage and salary expense. c. The employer serves as an agent for the governments for collecting payroll tax deductions. d. Employee tax deductions are liabilities that will be paid to federal and state governments.

 

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Taxation: Statements regarding employee payroll tax deductions
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