As of the June 11 pay date, the General Ledger account for Burling Mills has a balance of $14,289 in its Federal withholding tax payable account. A credit of $16,250 is recorded on the June 25 pay date. What is the balance in the account?
A)Debit $1,961
B)Debit $30,539
C)Credit $1,961
D)Credit $30,539

Question

Quizplus · Accepted Answer

The Answer of As of the June 11 pay date, the General Ledger account for Burling Mills has a balance of $14,289 in its Federal withholding tax payable account. A credit of $16,250 is recorded on the June 25 pay date. What is the balance in the account?
A)Debit $1,961
B)Debit $30,539
C)Credit $1,961
D)Credit $30,539

As of the June 11 Pay Date, the General Ledger