The Following Totals for the Month of June Were Taken

question 11

Multiple Choice

The following totals for the month of June were taken from the payroll register of Arcon Company: Salaries expense
$14,000
Social security and Medicare taxes withheld
1,050
Income taxes withheld
2,600
Retirement savings
1,000
The entry to record the payment of net pay would include a

• A) debit to salaries payable for $14,000
• B) debit to salaries payable for $9,350
• C) credit to salaries expense for $9,350
• D) credit to salaries payable for $9,350

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