The Payroll Records of Oregon Mist Contained the Following Information

question 30

Multiple Choice

The Payroll records of Oregon Mist contained the following information for the month of November:

The journal entry to record the monthly Payroll Tax Expense would include a:

• A) debit to Payroll Tax Expense of $25,200.
• B) credit to FICA Taxes Payable of $43,400.
• C) debit to Payroll Tax Expense of $48,650.
• D) debit to Payroll Tax Expense of $26,950.

---

Definitions:

Error

A mistake made in thinking or action that leads to incorrect or unintended results.

Negative Correlation

A relationship between two variables in which one variable increases as the other decreases, indicating an inverse association.

Variable Increases

Situations or conditions where a measurable factor or quantity grows in magnitude or intensity.

Test-retest

A method used in psychological testing where the same test is administered to the same subjects at two different points in time to assess consistency.