The payroll summary for EVB Inc.for the period August 3 - 10 is as follows: The entry to record payroll would be:
A)Payroll 105,000 FICA Payable 8,400 Employees Income Tax Payable 15,600 Union Dues Payable 400 Wages Payable 80,600
B)Work in Process 80,000 Factory Overhead 25,000 Payroll 105,000
C)Factory Overhead 80,000 Selling and Administrative Expense 25,000 FICA Payable 8,400 Employees Income Tax Payable 15,600 Union Dues Payable 400 Wages Payable 80,600
D)Payroll 105,000 Wages Payable 105,000

Question

The payroll summary for EVB Inc.for the period August 3 - 10 is as follows:  The entry to record payroll would be:
A)Payroll 105,000 FICA Payable 8,400 Employees Income Tax Payable 15,600 Union Dues Payable 400 Wages Payable 80,600 
B)Work in Process 80,000 Factory Overhead 25,000 Payroll 105,000 
C)Factory Overhead 80,000 Selling and Administrative Expense 25,000 FICA Payable 8,400 Employees Income Tax Payable 15,600 Union Dues Payable 400 Wages Payable 80,600 
D)Payroll 105,000 Wages Payable 105,000

Quizplus · Accepted Answer

The Answer of The payroll summary for EVB Inc.for the period August 3 - 10 is as follows:  The entry to record payroll would be:
A)Payroll 105,000 FICA Payable 8,400 Employees Income Tax Payable 15,600 Union Dues Payable 400 Wages Payable 80,600 
B)Work in Process 80,000 Factory Overhead 25,000 Payroll 105,000 
C)Factory Overhead 80,000 Selling and Administrative Expense 25,000 FICA Payable 8,400 Employees Income Tax Payable 15,600 Union Dues Payable 400 Wages Payable 80,600 
D)Payroll 105,000 Wages Payable 105,000

The Payroll Summary for EVB Inc