The following totals for the month of April were taken from the payroll register of Kirk Company. The entry to record the payment of net payroll would include a

Question

The following totals for the month of April were taken from the payroll register of Kirk Company.  The entry to record the payment of net payroll would include a

Quizplus · Accepted Answer

The net payroll amount is the total salaries ($17,000) less the total deductions ($1,000). Therefore, the entry to record the payment of net payroll would include a debit to Salaries Payable for $17,000. Option A is incorrect because it only reflects the total salaries, not the net amount. Option C is incorrect because it is only the total salaries less the FICA deduction, not the total net payroll. Option D is incorrect because it reflects the total gross payroll, not the net payroll.

The Following Totals for the Month of April Were Taken