CPP - Certified Payroll Professional Practice Test
CPP CPP Payroll Accounting & Reporting
Which journal entry correctly records the employer's share of Social Security tax?
Select your answer
A
Debit Cash, Credit Payroll Tax Expense
B
Debit Wages Payable, Credit FICA Tax Payable
C
Debit Payroll Tax Expense, Credit FICA Taxes Payable
D
Debit FICA Taxes Payable, Credit Wages Expense
Hint
