Question # 1

Which entry records the employer’s FUTA liability?

Options:

A.

Debit Payroll Expense; Credit Cash

B.

Debit Payroll Tax Expense; Credit Payroll Tax Payable

C.

Debit Wages Expense; Credit Wages Payable

D.

Debit Cash; Credit Payroll Tax Expense

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CAP Overview

Name Certified Administrative Professional
Code CAP
Vendor Business
Certification International Association of Administrative Professionals (IAAP)

CAP Questions