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Please help with these accy questions 1. Given the following information for the December 20X1 payroll payable on January 15, 20X2: ross salary Employee FICA
Please help with these accy questions
1. Given the following information for the December 20X1 payroll payable on January 15, 20X2: ross salary Employee FICA tax Federal income tax withholding State income tax withholding Net pay Employer FICA tax Employer federal and state unemployment taxes 38 The amount to be debited to "Salaries Expense" for the December, 20X1, payroll is A. $675. B. $788. C. S1,113. D. $1,675. E. none of these 1000 75 170 80 $675 $75 2. ugross margin of $35,000 is 28% of net sales revenues, then net sales revenues must be A. $9,800. B. $25,200. C. $100,000 D. $125,000. E. none of theseStep by Step Solution
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