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Rushing River Boats Has the Following Data in Its Social

Question 9

Multiple Choice

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) Debit $1,620 B) Credit $1,620 C) Debit $420 D) Credit $420
It is a monthly schedule depositor. What entry should appear in the General Ledger to reflect the tax remittance on February 15?


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

Correct Answer:

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