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What is the correct answer to this question? I am not sure if I picked the correct one. MC Qu. 29 During the week ended

What is the correct answer to this question? I am not sure if I picked the correct one.

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MC Qu. 29 During the week ended June 15, Wiley Automot... During the week ended June 15, Wileyr Automotives employees earned $2,000 of gross wages and had $300 of federal income tax whheldi All of'their employees had already earned over $7,000 of gross wages for the year so none of'their wages were subject to FUTA or SUTA tax. However. all of their wages were still subject to Social Security tax of 6.2% and Medicare tax of 1.45%. The journal entry to record Payroll Tax Expense for the pay period would be: . Payroll Taxes Expense ......................................... 153 Social Security Tax Payable ...................................... [24 Medicare Tax Paxable 29 0 Payroll Taxes Expense .......................................... 414 Social Security Tax Payable [24 Medicare Tax Payable .290 0 Payroll Taxes Expense-b? Employee Income Tax Payable._......_..........................300 Social Security Tax Payable ........................................ 124 L-Ieclicare Tax Payable 29 0 Social Security Tax Payable ............................. ....124 hleclicareTaxPayable......................................'... 29 Payroll Taxes Expense ................................................ 153

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