The following totals for the month of April were taken from the payroll records of Metz Company. Salaries $30,000
FICA taxes withheld 2,295
Income taxes withheld 6,600
Medical insurance deductions 1,200
Federal unemployment taxes 240
State unemployment taxes 1,500
The entry to record the payment of net payroll would include a
A) debit to Salaries and Wages Payable for $18,165.
B) debit to Salaries and Wages Payable for $19,905.
C) debit to Salaries and Wages Payable for $18,405.
D) credit to Cash for $18,405.
Correct Answer:
Verified
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