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The following totals for the month of April were taken from the payroll register of Magnum Company. Use this information to answer the questions
The following totals for the month of April were taken from the payroll register of Magnum Company. Use this information to answer the questions that follow. Salaries FICA taxes withheld Income taxes withheld Medical insurance deductions Federal unemployment taxes State unemployment taxes $12,000 900 2,500 The entry to journalize the monthly payroll on April 30 would include a credit to Salaries Payable for $8,150 O debit to Salaries Expense for $7,902 O debit to Salaries Payable for $8,150 debit to Salaries Payable for $1,902 450 32 216
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