Barbara Muller Services (BMS) pays its employees monthly. The payroll information listed below is for January 2018, the first month of BMS's fiscal year. Assume none of the employees' earnings reached $7,000 during the month.
The journal entry to record payroll for the January 2018 pay period will include a debit to payroll tax expense of:
A) $6,120.
B) $4,960.
C) $11,080.
D) $57,880.
Correct Answer:
Verified
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