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Rushing River Boats Has the Following Data in Its Social

Question 56

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


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

Correct Answer:

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