The following totals for the month of April were taken from the payroll register of Magnum Company. Salaries $12,000 FICA taxes withheld 900 Income taxes withheld 2,500 Medical insurance deductions 450 Federal unemployment taxes 32 State unemployment taxes 216 The journal entry to record the monthly payroll on April 30 would include a a.debit to Salaries Payable for $8,150 b.debit to Salaries Payable for $7,902 c.credit to Salaries Payable for $8,150 d.debit to Salaries Expense for $7,902

College Accounting (Book Only): A Career Approach
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Chapter8: Employer Taxes, Payments, And Reports
Section: Chapter Questions
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The following totals for the month of April were taken from the payroll register of Magnum Company.

Salaries $12,000
FICA taxes withheld 900
Income taxes withheld 2,500
Medical insurance deductions 450
Federal unemployment taxes 32
State unemployment taxes 216

The journal entry to record the monthly payroll on April 30 would include a

a.debit to Salaries Payable for $8,150
b.debit to Salaries Payable for $7,902
c.credit to Salaries Payable for $8,150
d.debit to Salaries Expense for $7,902
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