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Dave Brown's cumulative earnings are $110,000, and his gross pay for the week is $5,500. If the FICA rates are: OASDI 6.2% on a limit

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Dave Brown's cumulative earnings are $110,000, and his gross pay for the week is $5,500. If the FICA rates are: OASDI 6.2% on a limit of $128,400 and Medicare is 1.45%, what are his FICA - OASDI and FICA - Medicare taxes for the week? (Round your answers to the nearest whole dollar) O A $341: 580 OB. $3,410: $80 O C. $341: $8 D. 50:50 TI The entry to establish the petty cash fund debited Misc. Expense. This would cause: A. revenues to be understated. B. revenues to be overstated. c. expenses to be overstated. D. expenses to be understated. poin The payment of FUTA would include: ..... O A. a credit to FUTA Payable. OB. a debit to FUTA Payable. O c. a credit to FUTA Expense. D. a debit to cash

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