To journalize the employer's payroll taxes,we need to credit all of the following accounts EXCEPT

Name: To journalize the employer's payroll taxes,we need to credit all of the following accounts EXCEPT
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We need to credit the liability accounts such as Social Security Tax Payable, Medicare Tax Payable, and FUTA Tax Payable for the employer's payroll taxes. Payroll Taxes Expense is a debit account that is increased when recording the total amount of employer's payroll taxes paid.

To Journalize the Employer's Payroll Taxes,we Need to Credit All