Katie Pereira and Ferro Schwartz are employees of Free Star Inc.In February,2013,Katie's gross pay was $5,500 and Ferro's gross pay was $5,900.All earnings are subject to FICA-OASDI Tax of 4.2% and FICA-Medicare Tax of 1.45%.Which of the following would be included in the entry to record the salary expense for February?
A) a debit to Salary payable to employees for $478.80
B) a debit to FICA-Medicare for $478.80
C) a credit to FICA-OASDI Tax payable for $478.80
D) a credit to Salary expense for $478.80
Correct Answer:
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