The Social Security Tax Payable account will normally have a(n)
A) debit balance.
B) credit balance.
C) debit or credit balance depending on the timing of payments.
D) zero balance.

Name: The Social Security Tax Payable account will normally have a(n) A) debit balance. B) credit balance. C) debit or credit balance depending on the timing of payments. D) zero balance.
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Question

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The Social Security Tax Payable account is a liability account, which typically has a credit balance, indicating amounts owed.

The Social Security Tax Payable Account Will Normally Have A(n)