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upton upton
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Posts: 942
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7 years ago
The entry to record the payment of taxes withheld from employees and FICA taxes would be to:
A) debit Cash; credit FICA-OASDI Payable, FICA-Medicare Payable, and Federal Income Tax Payable.
B) credit Cash; debit FICA-OASDI Payable, FICA-Medicare Payable, and Federal Income Tax Payable.
C) credit Cash; credit FICA-OASDI Payable, FICA-Medicare Payable, and Federal Income Tax Payable.
D) None of these answers is correct.
Textbook 
College Accounting: A Practical Approach

College Accounting: A Practical Approach


Edition: 13th
Author:
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LaffioLaffio
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Posts: 676
7 years ago
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upton Author
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7 years ago
Thank you, thank you, thank you!
wrote...

Yesterday
Smart ... Thanks!
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2 hours ago
Good timing, thanks!
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