Referring to Table 8, the entry to record the employer's payroll taxes includes a:
A. debit to payroll tax payable for $7,114
B. credit to employee income tax payable for $10,200
C. credit to FICA tax payable for $6,240
D. debit to unemployment tax expense for $1,674
Answer:C
Referring to Table 8, the entry to record the employer's payroll taxes includes a:
A. debit to payroll tax payable for $7,114 B. credit to employee income tax payable for $10,200 C. credit to FICA tax payable for $6,240 D. debit to unemployment tax expense for $1,674