| A | B |
|---|
| Accounts Payable Ledger | A subsidiary ledger containing only accounts for vendors from whom items are purchased or bouth on account. |
| Accounts Receivable Ledger | A subsidiary ledger containing only accounts for charge customers. |
| Controlling Account | An account in a general eldger that summarizes all accounts in a subsidiary ledger. |
| Schedule of Accounts Payable | A listing of vendor accounts, account balances, and total amount due all vendors. |
| Schedule of Accounts Receivable | A listing of customers accounts, account balances, and total amount due from all customers. |
| Subsidiary Ledger | A ledger that is summarized in a single ledger account. |
| Employee Earnings Recrod | A business form used to record details affecting apyments made to an employee. |
| Medicare Tax | A federal tax paid for hospital insurance. |
| Net Pay | The total earnigns paid to an employee after payroll taxes and other deductions. |
| Pay Period | The period covered by a salary payment. |
| Payroll | The total amount earned by all employees for a pay period. |
| Payroll Register | A business form used to record payroll information. |
| Payroll Taxes | Taxes based ont eh payroll of a business. |
| Salary | The money paid for employee services. |
| Social Security Taxes | A federal tax paid for old-age, survivors, and disability insurance. |
| Tax Base | The maximum amount of earnigns on whcih a tax is calculated. |
| Total Earnings | The total pay due for a pay period before deductions. |
| Withholding Allowance | A deduction from total earning sfor each person legally supported by a taxpayer, including the employee. |
| Federal Unemployment Tax | A federal tax used for state and federal administrative expenses of the unemployment program. |
| State Unemployment Tax | A state tax used to pay benefits to unemployed workers. |
