Chapter 13 Accounting 1: Last update: 3/15/15 Click to start game.
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Transcript of Chapter 13 Accounting 1: Last update: 3/15/15 Click to start game.
Chapter 13Accounting 1: Last update: 3/15/15Click to
start game
Directions
1. Read each question.2. Click on the correct answer.3. If you are correct, you will
automatically be taken to the next question.
4. If you are incorrect, you will be returned to the beginning of the game.
5. To end your game, click on the red button in the bottom right corner.
6. Click here to begin the game.
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$1,000 Question
The Coupon Deposit form that is sent with the employer’s check to show the amount of taxes being sent to the
federal government.
Form 8109
Form 941Form W-3
You are simply amazing!!!
You win!You win!You win $1,000!!
!
Back to the beginning for you!
No, it’s rabbit
season!
You lose…it’s duck season!
It’s duck season.
$2,000 Question
What is the source document used for recording the payment of payroll in the general journal?
General Ledger
Employee Earnings Record
Payroll Register
Ah, what’s up doc!
You are a winner!
On with the show!
$3,000 Question
Which form reports the employer’s unemployment taxes?
Form W-2
Form 941
Form 940
We all think you are just amazing!
You truly are
“super” !
You win!
You ought to be in the movies!!!
$4,000 Question
Which form would be used to prepare the Quarterly federal tax payment by an employer?
941940
8109
$5,000 Question
Federal Income Tax and FICA taxes are due…
Semi-monthly before the 15th
Every quarterBy the 15th of the following month
Let’s celebrate! You are awesome!!!
More money!
$6,000 Question
These taxes are usually paid only by the employer and used to pay for workers who are temporarily
out of work.
Employs Federal Income Tax
Social Security Tax
Unemployment taxes
You can be my super hero
anytime!!!
$7,000 Question
Which form summarizes an employee's earnings and withholdings for a calendar year?
940W3
941W2
Way to celebrate!
Betty Boop is playing the drums in honor of
your success!
On to the next
round!
$8,000 Question
Which payable account would you use to record the Federal Unemployment Taxes?
FUTA Tax PayableSS Tax Payable
SUTA Tax PayableMedicare Tax Payable
Ogie!Have you
heard?We have
awinner!
$9,000 Question
Which payable account would you use to record the State Unemployment Taxes?
FUTA PayableSS Tax Payable
SUTA PayableMedicare Tax Payable
We think you are pretty cool!
$10,000 Question
Which account would you use to record the total gross earnings for a pay period?
Payroll Taxes Expense
Cash in Bank
Salary Expense
You rock!!! Want some green eggs and ham?
On to $12,000!
$12,000 Question
Which account would you use to record net pay for a pay period?
Payroll Taxes Expense
Salary Expense
Cash in Bank
Liabilities accounts
Watch the ball, kitty!
Way to “absorb”
the pressure!
Movin’ on…
$15,000 Question
State Unemployment Tax Payable has a normal ___ balance.
Debit Credit
NA
Right again!!!You must be eating
your spinach!
$20,000 Question
U. S. Savings Bonds Payable has a normal ___ balance.
Debit Credit
You are so smart that you make me self spin!
Me wants more money!
$30,000 Question
Which account would you debit when recording the employer’s payroll taxes?
Payroll Taxes Expense
Cash in Bank
Payroll Tax Liabilities
Salaries Expense
Ah, what’s up doc!
Way to choose
positives for your life!!!
$40,000 Question
You would ___ the Federal Unemployment Tax Payable account when it comes time for the
business to pay the tax amount.
Debit
Credit
You are painting such great ideas!!!
Well done!!!
Daffy Duck!!
$50,000 Question
When journalizing the payment of the payroll, Cash in Bank is:
Credited
Debited
All eyes are on you!!!
$60,000 Question
Form W-2 must be prepared and given to each employee by ____ of the following year.
January 31 January 15
January 1December 31
Alright!You got it
right.Boy, am I
Impressed.
Let’s move on.
$70,000 Question
An increase in the Salaries Expense account has what effect on owner’s equity?
DecreaseIncrease
No effect
You’re a rockin’!!!You’re a rockin’!!!
$80,000 Question
Which tax is a matching tax for the employer?
FICA SUTA
FUTA
I bow to your
greatness!!!
$90,000 Question
What is the Federal Unemployment Tax rate for employers?
.08%
5.4%
1.45%
Yahoo!
Ripeee!
You are amazing!
$100,000 Question
What is the State Unemployment Tax rate for employers?
.08%
5.4%
1.45%
Your power
mesmerizes me!!!!
$200,000 Question
The largest expenditure for most business is…
Utilities Expense
Salaries Expense
Advertising Expense
Excellent Job!
You “walk” in line with
great characters!!
!
$300,000 Question
The maximum amount for each employee that an employer has to pay unemployment taxes on is:
$7,500
$7,000
108,000
Can’t get any
better than
this!!!
Want some
cheese?
$400,000 Question
FICA stands for….
Federal Insurance Contrition Act
Federally Insured Contrition Act
Federal Insurance Contribution Act
You have
entered into
Smurf World!
$500,000 Question
The abbreviation, “FUTA”, stands for….
Federally Unemployed Taxes
Act
Federally Unemployed Taxation Act
Federal Unemployment
Tax Act
I believe, and because I believe in
myself, I can respond with
great power!!!!
Don’t look down!
This is your last AND final question! Feeling the pressure?
For $1,000,000!!!!
Click here when ready for last question.
$1,000,000 Question
The abbreviation, “SUTA”, stands for….
State Unemployed Taxes Act
Stately Unemployed Taxation Act
State Unemployment
Tax Act
$1,000,000
Accounting 1Click here to re-start the
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playing…see you
next time on….
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