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To Record a Deposit of Federal Income Taxes Withheld and Social

Question 34

Multiple Choice

To record a deposit of federal income taxes withheld and social security and Medicare taxes,the accountant would


A) debit an expense account and credit one or more liability accounts.
B) debit an asset account and credit an expense account.
C) debit one or more liability accounts and credit an asset account.
D) debit one or more expense accounts and credit one or more liability accounts.

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