The following totals for the month of April were taken from the payroll register of Marigold Company. Salaries and wages $62000 FICA taxes withheld 4743 Income taxes withheld 15000 Medical insurance deductions 2700 Federal unemployment taxes 372 State unemployment taxes 3348 The journal entry to record the monthly payroll on April 30 would include a debit to Salaries and Wages Expense for $41885. O credit to Salaries and Wages Payable for $62000. O debit to Salaries and Wages Payable for $62000. O debit to Salaries and Wages Expense for $62000.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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G wilcyplus
w Ch11 Hom x
NWP Asse: x
W Chapter 9 E x W Chapter10 x
W Ch11 ex an x
G scantron in x
A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=2792b2fb-69dd-4963-84fd 042166098746#/question/18
+ Ch11 Homework F21
Question 19 of 20
<>
0/1
The following totals for the month of April were taken from the payroll register of Marigold Company.
Salaries and wages
$62000
FICA taxes withheld
4743
Income taxes withheld
15000
Medical insurance deductions
2700
Federal unemployment taxes
372
State unemployment taxes
3348
The journal entry to record the monthly payroll on April 30 would include a
O debit to Salaries and Wages Expense for $41885.
O credit to Salaries and Wages Payable for $62000.
O debit to Salaries
Wages Payable for $62000.
O debit to Salaries and Wages Expense for $62000.
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Transcribed Image Text:G wilcyplus w Ch11 Hom x NWP Asse: x W Chapter 9 E x W Chapter10 x W Ch11 ex an x G scantron in x A education.wiley.com/was/ui/v2/assessment-player/index.html?launchld=2792b2fb-69dd-4963-84fd 042166098746#/question/18 + Ch11 Homework F21 Question 19 of 20 <> 0/1 The following totals for the month of April were taken from the payroll register of Marigold Company. Salaries and wages $62000 FICA taxes withheld 4743 Income taxes withheld 15000 Medical insurance deductions 2700 Federal unemployment taxes 372 State unemployment taxes 3348 The journal entry to record the monthly payroll on April 30 would include a O debit to Salaries and Wages Expense for $41885. O credit to Salaries and Wages Payable for $62000. O debit to Salaries Wages Payable for $62000. O debit to Salaries and Wages Expense for $62000. 回可可
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