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3. State and federal _______________ taxes are not withheld from employees' wages.
UNEMPLOYMENT NNLEMTYEUOPM4. The ________ unemployment tax is often a net rate of 0.6% of each employee's first $7,000 of annual wages.
FEDERAL DFEAERL5. An employee's hourly pay rate multiplied by the hours worked equals the employee's _______ wages.
GROSS SGORS6. A person who performs a service for a company but is not the company's employee is referred to as an _________________ contractor.
INDEPENDENT PIDENNTNDEE7. Amounts withheld from an employees' wages are reported as current ___________ until they are remitted.
LIABILITIES ITSBALLIEII8. Generally, employers with hourly paid employees will have to prepare an ____________ entry to accrue wages.
ADJUSTING DITGANSJU9. To achieve the matching principle, fringe benefits are best expensed in the period in which the employee has _________ them.
EARNED DEANRE10. The accrual of wages and fringe benefits will credit a ___________ account.
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