The payment of FUTA would include:
A)a credit to Cash.
B)a credit to FUTA Payable.
C)a debit to FUTA Expense.
D)a credit to FUTA Expense.

Name: The payment of FUTA would include: A)a credit to Cash. B)a credit to FUTA Payable. C)a debit to FUTA Expense. D)a credit to FUTA Expense.
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Question

Quizplus · Accepted Answer

The payment of FUTA (Federal Unemployment Tax Act) would involve a credit to Cash, as it represents an outflow of cash to settle the tax liability.

The Payment of FUTA Would Include