The following totals for the month of April were taken from the payroll register of Magnum Company: The entry to record the accrual of the employer's payroll taxes would include a
A)debit to Payroll Tax Expense for $1,170
B)debit to FICA Taxes Payable for $1,500
C)credit to Payroll Tax Expense for $420
D)debit to Payroll Tax Expense for $1,620

Question

The following totals for the month of April were taken from the payroll register of Magnum Company:​​  The entry to record the accrual of the employer's payroll taxes would include a
A)debit to Payroll Tax Expense for $1,170 
B)debit to FICA Taxes Payable for $1,500 
C)credit to Payroll Tax Expense for $420 
D)debit to Payroll Tax Expense for $1,620

Quizplus · Accepted Answer

The Answer of The following totals for the month of April were taken from the payroll register of Magnum Company:​​  The entry to record the accrual of the employer's payroll taxes would include a
A)debit to Payroll Tax Expense for $1,170 
B)debit to FICA Taxes Payable for $1,500 
C)credit to Payroll Tax Expense for $420 
D)debit to Payroll Tax Expense for $1,620

The Following Totals for the Month of April Were Taken