After Posting the Entries to Record Salary Expenses and Payroll

question 24

True/False

After posting the entries to record salary expenses and payroll tax expenses, the income taxes payable account of Halpha Company has a $9,000 credit expense resulting from income taxes.

---

Definitions:

Thierry of Chartres

A 12th-century philosopher and theologian known for his work in the fields of natural philosophy, theology, and mathematics, contributing to the intellectual environment of the Twelfth-Century Renaissance.

Saint Bernard

A breed of very large working dog originating from the Swiss Alps, known for its rescue work; or, referencing historical figures, a Christian saint and abbot of the 12th century noted for founding and leading the Cistercian monastery of Clairvaux.

Chartres Cathedral

A renowned Gothic cathedral in Chartres, France, famous for its architectural innovations and stained glass windows.

Thomas Aquinas

A medieval Italian Dominican friar and Catholic priest who was an immensely influential philosopher and theologian in the tradition of scholasticism.