Business, 28.12.2019 03:31 taygotclout4786

Gross earnings for the pay period are $100,000. required payroll deductions are: social security $6,700; medicare $1,450; federal income tax $18,000 and state income tax $3,850. the journal entry to record wages paid includes a:
a) $100,000 credit to salaries and wages payable.
b) $6,700 debit to fica payable.
c) $100,000 debit to salaries and wages expense.
d) $70,000 debit to salaries and wages expense.

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Gross earnings for the pay period are $100,000. required payroll deductions are: social security $6...

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