Question

The following totals for the month of April were taken from the payroll register of Main company.

Salaries………………………       $12,000

Fica Taxes withheld…………….    $550

Income taxes withheld………    $2,500

Medical Insurance deductions….$450

Federal Unemployment Taxes….$ 32

State Unemployment Taxes…….$216

The entry to record the payment of net payroll would include a

Question 7 options:

debit to Salaries Payable for $7,950

debit to Salaries Payable for $8,500

debit to Salaries Payable for $8,252

credit to Cash for $9,050

 

debit to Salaries Payable for $7,950

 

debit to Salaries Payable for $8,500

 

debit to Salaries Payable for $8,252

 

credit to Cash for $9,050

 

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