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The following totals for the month of June were taken from the payroll register of Arcon Company: Salaries expense $ 11,500.00 Social security and Medicare

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The following totals for the month of June were taken from the payroll register of Arcon Company: Salaries expense $ 11,500.00 Social security and Medicare Taxes withheld 862.50 Income Taxes withheld 331.00 Retirement Savings 448.00 The entry to record the liability for net pay would include a Select the correct answer. O Debit to Salaries Payable for $11,500.00 O Debit to Salaries Payable for $9,858.50 Credit to Salaries Payable for $9,858.50 O Credit to Salaries Expense for $9,858.50

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