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The ____________________ encourages employers to provide regular employment to
workers.
An employee's total earnings are also known as ____________________.
Reviewing the events that have taken place and determining how this affects the
business is called interpreting.
At least two accounts are affected by every transaction.
Compute the amount of employer Social Security taxes by multiplying the Social
Security taxable earnings by ____________________.
When services are performed for which payment will be received later, accounts
receivable increases.
The statement of owner's equity shows the state of the business on a specific date.
Writing or using one of the latest technological advances to enter a transaction in the
accounting records is called summarizing.
After posting journal information to the ledger accounts, a check mark should be
entered in the Posting Reference column of the journal to indicate that the transaction
item has been posted.
The ____________________ oversees the entire accounting process and is the principal
accounting officer of the company.
