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9 Welshcorg, Inc. pays gross wages of $75,000 and withholds $5,738 for FICA and $12,500 for FITW. No employees have earned wag $7,000 this year
9 Welshcorg, Inc. pays gross wages of $75,000 and withholds $5,738 for FICA and $12,500 for FITW. No employees have earned wag $7,000 this year to date. What is the journal entry to record payment of wages and related withholding? 10 A B Debit Salaries Expense $75,000, credit FICA Withholding $5,738, credit FITW Withholding $12,500, credit Salaries Payabl $56,762 Debit Salaries Expense $56,762, debit FICA Expense $5,738, debit FITW Expense $12,500, credit Cash $75,000 Debit Salaries Expense $75,000, credit FICA Withholding $5,738, credit FITW Withholding $12,500, credit Cash $56,762 Debit Salaries Expense $75,000, credit Cash $75,000 Welshcora Inc pays gross wages of $75.000 and withholds $5.738 for FICA and $12.500 for FITW. No employees have earned wages
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