Question Content Area

The following totals for the month of June were taken from the payroll register of Arcon Company:

Account Debit Credit

Salaries expense $$10,700\mathrm{.}00$

Social security and Medicare taxes withheld $802\mathrm{.}50$

Income taxes withheld $348\mathrm{.}00$

Retirement savings $429\mathrm{.}00$

The entry to journalize the payment of net pay would include a

a$.$ debit to Salaries Payable for $$10,700\mathrm{.}00.$

b$.$ credit to Salaries Expense for $$9,120\mathrm{.}50.$

c$.$ credit to Salaries Payable for $$9,120\mathrm{.}50.$

d$.$ debit to Salaries Payable for $$9,120\mathrm{.}50.$