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Payroll Data for the first week of December Salaries $12,000.00 Fica & medicare taxes withheld 1,500.00 Income taxes withheld 2,000.00 Employee Medical Insurance deductions
Payroll Data for the first week of December Salaries $12,000.00 Fica & medicare taxes withheld 1,500.00 Income taxes withheld 2,000.00 Employee Medical Insurance deductions 500.00 400.00 Unemployment Taxes "Which of the following statements is (are) true? Do not select all statements, incorrect answers are penalized" "They DEBIT salaries EXPENSE for $8,000" "They CREDIT Income taxes PAYABLE for $2,000" "They CREDIT FICA & Medicare taxes PAYABLE for $3,000. "They DEBIT payroll tax EXPENSE for $4,400" "They DEBIT payroll tax EXPENSE for $1,900" "They DEBIT salary EXPENSE for $12,000" "They CREDIT salaries PAYABLE for $12,000" "They CREDIT salaries PAYABLE for $8,000"
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