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A system for making federal tax deposits electronically is called the
____________________.
To a business, ____________________ includes currency, coins, checks received from
customers, money orders, and bank cashier's checks.
Each entry in the journal affects two or more accounts.
____________________ is deciding the meaning and importance in various reports,
which may include ratio analysis to help explain how pieces of information relate to
one another.
One-half of the self-employment tax is really a personal expense to the owner of the
business.
The formula to calculate straight-line depreciation is depreciable cost times the
expected life of the asset.
A special form of receipt-showing the name of the payee, the purpose of the payment,
and the account to be charged for each petty cash payment-is known as a petty cash
voucher.
Employers' payroll taxes include FICA, FUTA, and SUTA taxes.
Post the differences between the cash count and the cash register tape to the Cash Short
and Over T account. Assume a change fund of $100.
The person directed to receive the money indicated by a check is known as the payee.
