On October 15, Eco Brewers Had a Balance of $4,390

question 16

Multiple Choice

On October 15, Eco Brewers had a balance of $4,390 in its Social Security tax payable account. It posted an additional $4,390 on its October 31 pay date. Since Eco Brewers is a monthly schedule depositor, what entry
Should appear on November 15 for the remittance of the month's Social Security taxes?

• A) Credit $8,780
• B) Debit $4,390
• C) Credit $4,390
• D) Debit $8,780

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