The following totals for the month of June were taken from the payroll register

Question

The following totals for the month of June were taken from the payroll register of Coronado Company. Salaries and wages FICA taxes withheld Income taxes withheld Medical insurance deductions Federal unemployment taxes State unemployment taxes $80800 6128 18300 3100 710 3600 The entry to record accrual of Coronado's Company's payroll taxes would include a O credit to FICA Taxes Payable for $4310. credit to Payroll Tax Expense for $4310. O credit to Payroll Tax Expense for $10438 O debit to Payroll Tax Expense for $10438.

Explanation / Answer

Debit to payroll tax expense for $10438(6128+710+3600) Option 4 is correct

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