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Randall, an employee of Ramsay's, Inc., has gross salary for March of $4,000. The entire amount is under the OASDI limit of $118,500 and thus
Randall, an employee of Ramsay's, Inc., has gross salary for March of $4,000. The entire amount is under the OASDI limit of $118,500 and thus subject to FICA. He is also subject to federal income tax at a rate of 18%. Randall has a deduction of $320 for health insurance and $80 for United Way. which of the following is included in the entry to record the liabilities for payroll withholding deductions Select one: O A. debit to FICA Taxes Payable B. credit to United Way Payable O C. debit to Salaries Payable O D. debit to Cash
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