Use the following information to answer the following questions.
The following totals for the month of April were taken from the payroll register of Magnum Company.

The entry to record accrual of employer's payroll taxes would include a
A)debit to Payroll Tax Expense for $248
B)debit to FICA Taxes Payable for $1,800
C)credit to Payroll Tax Expense for $248
D)debit to Payroll Tax Expense for $1,148

Question

Use the following information to answer the following questions.
The following totals for the month of April were taken from the payroll register of Magnum Company.

The entry to record accrual of employer's payroll taxes would include a
A)debit to Payroll Tax Expense for $248 
B)debit to FICA Taxes Payable for $1,800 
C)credit to Payroll Tax Expense for $248 
D)debit to Payroll Tax Expense for $1,148

Quizplus · Accepted Answer

The question mentions that the total payroll taxes for the month of April were $1,148, so the entry to record the accrual of employer's payroll taxes should include a debit to Payroll Tax Expense for $1,148. None of the other answer choices match this amount. Therefore, option D is the correct answer.

Use the Following Information to Answer the Following Questions