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Rushing River Boats Has the Following Data in Its Social

Question 18

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Rushing River Boats has the following data in its Social Security tax payable General Ledger account: Rushing River Boats has the following data in its Social Security tax payable General Ledger account:     It is a monthly schedule depositor. What entry should appear in the General Ledger to reflect the tax remittance on February 15? A)  Credit $420 B)  Debit $420 C)  Credit $1,620 D)  Debit $1,620 Rushing River Boats has the following data in its Social Security tax payable General Ledger account:     It is a monthly schedule depositor. What entry should appear in the General Ledger to reflect the tax remittance on February 15? A)  Credit $420 B)  Debit $420 C)  Credit $1,620 D)  Debit $1,620 It is a monthly schedule depositor. What entry should appear in the General Ledger to reflect the tax remittance on February 15?


A) Credit $420
B) Debit $420
C) Credit $1,620
D) Debit $1,620

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