Reference no: EM132943508

Problem 1: Instead of using the Pay Scheduled Liabilities window, a client paid insurance deducted from paychecks by writing a regular check and listed the Insurance Liability account as the expense. How can you correct this mistake?

A Use an adjusting journal entry

B Directly adjust the 941 and the W-2s

C Record an adjustment in Adjust Payroll Liabilities and select "Do not affect accounts"

D Record an adjustment in Adjust Payroll Liabilities and select "Affect liability and expense account balances"

Problem 2: Which of the following situations is true regarding generating state and federal payroll tax returns when using Enhanced Payroll?

A You cannot generate these returns from QuickBooks

B You can save these forms as a PDF or as an Excel spreadsheet

C You can run a Payroll Summary report and send it instead of the forms

D Before the form is submitted, it is automatically checked for errors, and you can drill down to the spot to fix them