the following totals for the month of April were taken from the payroll of Noll Company

Cash 4,850,000 Premium on Bonds Payable Bonds Payable 150,000 5,000,000 D) Cash Discount on Bonds Payable Bonds Payable 150,000 4,850,000 29. The following totals for the month of April were taken from the payrollrecords of No Company. Salaries FICA taxes withheld Income taxes withheld Medical insurance deductions Federal unemployment taxes State unemployment taxes The $120,000 9,180 25,000 4,500 320 2,160 e journal entry to record the monthly payroll on April 30 would includea ) debit to Salaries and Wages Expense for $120,000. credit to Salaries and Wages Payable for $120,000. e debit to Salaries and Wages Payable for $120,000. D) debit to Salaries and Wages Expense for $81,320. 30. Liquidity ratios measure a company's ) operating cycle. B) revenue-producing ability. C) short-term debt paying ability. D) long-range solvency. Page 8