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Accounting Help!! I need help!!?

Use the following to answer questions The following totals for the month of March were taken from the payroll register of Case Company. Salaries $24,000 FICA taxes withheld $1,488 Income taxes withheld $5,280 Medical Insurance deductions $348 Federal Unemployment Taxes $192 State Unemployment Taxes $1,200 The entry to record the payment of net payroll would include a a) debit to Salaries Expense for $15,492 b) credit to Salaries Payable for $16,884 c) debit to Salaries Payable for $15,492 d) credit to Cash for $15,492 The entry to record accrual of employer's payroll taxes would include a a) debit to Payroll Tax Expense for $2,880 b) debit to Payroll Tax Expense for $8,509 c) credit to FICA Taxes Payable for $1,488 d) credit to Payroll Tax Expense for $2,880 The entry to record the accural of federal unemployment tax would include a a) credit to Federal Unemployment Taxes Payable for $192 b) debit to Federal Unemployment Taxes Expense for $192 c) credit to Payroll Tax Expense for $192 d) debit to Federal Umemployment Taxes Payable for $192 Corporations are granted the power to issue bonds through a) tax laws b) state laws c) federal security laws d) bonds debentures

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Salaries $24,000 FICA taxes withheld $1,488 Income taxes withheld $5,280 Medical Insurance deductions $348 Federal Unemployment Taxes $192 State Unemployment Taxes $1,200 The entry to record the payment of net payroll would include a b) credit to Salaries Payable for $16,884 The entry to record accrual of employer's payroll taxes would include a a) debit to Payroll Tax Expense for $2,880 The entry to record the accural of federal unemployment tax would include a a) credit to Federal Unemployment Taxes Payable for $192 Corporations are granted the power to issue bonds through b) state laws

by Sandy

4 months ago

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