Multiple Choice
As of the June 11 pay date, the General Ledger account for Burling Mills has a balance of $14,289 in its Federal withholding tax payable account. A credit of $16,250 is recorded on the June 25 pay date. What is the balance in the account?
A) Debit $1,961
B) Debit $30,539
C) Credit $1,961
D) Credit $30,539
Correct Answer:
Verified
Correct Answer:
Verified
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