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The following totals for month of June were taken from the payroll register of Arcon Company: Salaries expense $16925.00 SS and medicare taxes withheld $1269.38
The following totals for month of June were taken from the payroll register of Arcon Company: Salaries expense $16925.00 SS and medicare taxes withheld $1269.38 Income Taxes withheld $2472.00 Retirement Savings $548.00 The entry to record the payment of net pay would include a a. debit to payroll taxes expense for 1575.97 b.credit to social security and medicare tax payable for 3741.38 c. debit to payroll taxes expense for $4047.97 d. debit to payroll tax expense for $307
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