Solved

To Record the Deposit of FUTA Tax,the Accountant Would

Question 16

Multiple Choice

To record the deposit of FUTA tax,the accountant would


A) debit Payroll Taxes Expense and credit Federal Unemployment Tax Payable.
B) debit Payroll Taxes Expense and credit Cash.
C) debit Federal Unemployment Tax Payable and credit Cash.
D) debit Social Security Taxes Payable and credit Cash.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions