10 Welshcorg, Inc. pays gross wages of $75,000 and withholds $5,738 for FICA and $12,500 for FITW. No employees have earned wages of $7,000 this year to date. What is the journal entry to record employer federal taxes? Debit Payroll Tax Expense $6,188, credit FICA Employer Payable $5,738, credit FUTA Payable $450 B Debit Payroll Tax Expense $5,738, credit FICA Employer Payable $5,738 Debit Payroll Tax Expense $6,338, credit Cash $6,338 Debit Payroll Tax Expense $18,238, credit FICA Employer Payable $5,738, credit FITW Payable $12,500 tured to calculate federal income tax withholding?

10 Welshcorg, inc. pays gross wages of $75,000 and withholds $5,738 for FiCA and $12,500 for FITW. No employees have earned wages of $7,000 this year to date. What is the journal entry to record employer federal taxes? Debit Payroll Tax Expense $6,188, credit FiCA Employer Payable $5,738, credit FUTA Payable $450 Debit Payroll Tax Expense $5,738, credit FICA Employer Payable $5,738 Debit Payroll Tax Expense $6,338, credit Cash 56,338 Debit Payroll Tax Expense \$18,238, credit FiCA Employer Payable $5,738, credit FITW Payable $12,500