Use this information for Harris Company to answer the following questions.

Assuming no employees are subject to ceilings for their earnings, Harris Company has the following information for the pay period of January 15-31.

$$\begin{array} { l r l c }
\text { Gross payroll } & \$ 10,000 & \text { Federal income tax withheld } & \$ 1,800 \
\text { Social security rate } & 6.0 \% & \text { Federal unemployment tax rate } & 0.8 \% \
\text { Medicare rate } & 1.5 \% & \text { State unemployment tax rate } & 5.4 \%
\end{array}$$
-Salaries Payable would be recorded for
A) $8,200
B) $6,830
C) $8,630
D) $7,450

Question

Use this information for Harris Company to answer the following questions.
​
Assuming no employees are subject to ceilings for their earnings, Harris Company has the following information for the pay period of January 15-31.
​
 $$\begin{array} { l r l c } 
\text { Gross payroll } & \$ 10,000 & \text { Federal income tax withheld } & \$ 1,800 \
\text { Social security rate } & 6.0 \% & \text { Federal unemployment tax rate } & 0.8 \% \
\text { Medicare rate } & 1.5 \% & \text { State unemployment tax rate } & 5.4 \%
\end{array}$$ ​
-Salaries Payable would be recorded for
A) $8,200
B) $6,830
C) $8,630
D) $7,450

Quizplus · Accepted Answer

The Answer of Use this information for Harris Company to answer the following questions.
​
Assuming no employees are subject to ceilings for their earnings, Harris Company has the following information for the pay period of January 15-31.
​
 $$\begin{array} { l r l c } 
\text { Gross payroll } & \$ 10,000 & \text { Federal income tax withheld } & \$ 1,800 \
\text { Social security rate } & 6.0 \% & \text { Federal unemployment tax rate } & 0.8 \% \
\text { Medicare rate } & 1.5 \% & \text { State unemployment tax rate } & 5.4 \%
\end{array}$$ ​
-Salaries Payable would be recorded for
A) $8,200
B) $6,830
C) $8,630
D) $7,450

Use This Information for Harris Company to Answer the Following