The following totals for the month of April were taken from the payroll register
ID: 2390068 • Letter: T
Question
The following totals for the month of April were taken from the payroll register of Metz Company.Salaries $20,000
FICA taxes withheld 1,533
Income taxes withheld 4,400
Medical insurance deductions 800
Federal unemployment taxes 160
State unemployment taxes 1,000
The entry to record the accrual of federal unemployment tax would include a
a. credit to Payroll Tax Expense for $160.
b. debit to Federal Unemployment Taxes Payable for $160.
c. credit to Federal Unemployment Taxes Expense for $160.
d. credit to Federal Unemployment Taxes Payable for $160.
Explanation / Answer
credit to Federal Unemployment Taxes Payable for $160.