Use This Information to Answer the Following Question The Entry to Record the Payment of Net Payroll Would

question 160

Multiple Choice

Use this information to answer the following question. The following totals for the month of November were taken from the payroll register of Levine Company:
$\begin{array}{llr} \text { Salaries expense } &\$12,000\\ \text { Social security and Medicare taxes withheld } &550\\ \text { Income taxes withheld } &2,500\\ \text { Medical insurance deductions } &250\\ \text { Life insurance deductions } &200\\ \text { Salaries subiect to federal and state unemployment taxes of 6.2 percent} &4,000\\\end{array}$
The entry to record the payment of net payroll would include a

• A) debit to Salaries Payable for $12,000.
• B) debit to Salaries Payable for $7,950.
• C) debit to Salaries Payable for $8,500.
• D) credit to Cash for $9,050.