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Multiple Choice Question 120 The following totals for the month of April were taken from the payroll records of Bramble Corp.. Salaries$88200FICA taxes withheld6745Income taxes
Multiple Choice Question 120
The following totals for the month of April were taken from the payroll records of Bramble Corp..
Salaries$88200FICA taxes withheld6745Income taxes withheld19400Medical insurance deductions3500Federal unemployment taxes710State unemployment taxes4400
The entry to record accrual of employer's payroll taxes would include a
credit to FICA Taxes Payable for $5110.
credit to Payroll Tax Expense for $11855.
credit to Payroll Tax Expense for $5110.
debit to Payroll Tax Expense for $11855.
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