Question

If a company's gross salaries and wages are $12,000, and it withholds $1,800 for income taxes and $800 for FICA taxes, the journal entry to record the employees' pay should include a:

A) debit to Salaries and Wages Expense for $9,400.

B) debit to Salaries and Wages Payable for $9,400.

C) credit to Salaries and Wages Payable for $12,000.

D) credit to Salaries and Wages Payable for $9,400.

Answer

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