Question

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

Salaries………………………………………..$24,000

FICA taxes withheld…………………………….1,100

Income taxes withheld………………………….5,000

Medical insurance deductions……………………900

Federal unemployment taxes……………………..64

State unemployment taxes………………………432

The journal entry to record the accrual of employer's payroll taxes would include a

Question 5 options:

debit to Payroll Tax expense for $496

credit to FICA Taxes Payable for $2,200

debit to Payroll Tax Expense for $1,596

credit to Payroll Tax Expense for $496

 

debit to Payroll Tax expense for $496

 

credit to FICA Taxes Payable for $2,200

 

debit to Payroll Tax Expense for $1,596

 

credit to Payroll Tax Expense for $496

 

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