According to a Summary of the Payroll of Scotland Company

Multiple Choice

According to a summary of the payroll of Scotland Company, $500,000 was subject to the 6.0% social security tax and to the 1.5% Medicare tax. Federal income tax withheld was $98,000. Also, $15,000 was subject to state (4.2%) and federal
(0) 8%) unemployment taxes. The journal entry to record the accrued salaries would include a​

A) debit to Salaries Payable for $313,000
B) credit to Salaries Payable for $364,500
C) debit to Salaries Expense for $364,500
D) credit to Salaries Expense for $313,000