Which of the following is included in the entry to record the employer's payroll taxes?
A)a debit to State Unemployment Tax Payable
B)a credit to Payroll Tax Expense
C)a credit to FICA-OASDI Tax Payable
D)a credit to Salary Payable to employees

Question

Quizplus · Accepted Answer

The employer's payroll taxes entry includes a credit to FICA-OASDI Tax Payable, as it represents the employer's obligation to pay the Social Security tax.

Which of the Following Is Included in the Entry to Record