Art Parrish, the Sole Employee of Parrish Sales, Has Gross

Multiple Choice

Art Parrish, the sole employee of Parrish Sales, has gross salary for March of $4,000. The entire amount is under the OASDI limit of $110,100, and thus subject to FICA. His year-to-date pay has already exceeded the $7,000 cap for FUTA and SUTA. Which of the following is a part of journal entry in the payroll cycle to record the employer's payroll taxes?

A) debit to Payroll Tax Expense
B) debit to FICA Tax Payable
C) credit to Payroll Tax Expense
D) debit to Cash