Jensen Company
Jensen Company has the following information for the pay period of December 15 - 31, 2012:
$\begin{array} { l }
\text {Salaries }&\$10,000& \text {fedrial income tax }&\$1,500\
\text {state income }&\$1,200& \text { FICA}&\$565\
\end{array}$
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Refer to the information provided for Jensen Company. Salaries are paid on December 31, 2012. On December 31st, Salaries Expense would be recorded for:

Question

Jensen Company 
Jensen Company has the following information for the pay period of December 15 - 31, 2012:
$\begin{array} { l  }
 \text {Salaries }&\$10,000& \text {fedrial income tax }&\$1,500\
 \text {state income }&\$1,200& \text { FICA}&\$565\
\end{array}$
-
 Refer to the information provided for Jensen Company. Salaries are paid on December 31, 2012. On December 31st, Salaries Expense would be recorded for:

Quizplus · Accepted Answer

Salaries Expense is debited for the gross amount of salaries earned during the pay period, which is $10,000.

Jensen Company Jensen Company Has the Following Information for the Pay

Jensen Company
Jensen Company Has the Following Information for the Pay