A Company's Payroll for the Period Ended March 15 Totaled

Multiple Choice

A company's payroll for the period ended March 15 totaled $12,000. The salaries, however, were subject to federal withholding taxes, so the company withheld $1,500 from the employees' checks. The employees were paid on March 15, but the company was not required to remit the withheld taxes to the government until April 10. What journal entry did the company make on March 15?

A) Debit salaries expense for $10,500 and credit cash for $10,500.
B) Debit salaries expense for $12,000 and credit cash for $12,000.
C) Debit salaries expense for $12,000, credit cash for $10,500, and credit salaries payable for $1,500.
D) Debit salaries expense for $12,000, credit cash for $10,500, and credit withholding taxes payable for $1,500.