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On October 15,Eco Brewers Had a Balance of $4,390 in Its

Question 14

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On October 15,Eco Brewers had a balance of $4,390 in its Social Security tax payable account.It posted an additional $4,390 on its October 31 pay date.Since Eco Brewers is a monthly schedule depositor,what entry should appear on November 15 for the remittance of the month's Social Security taxes?


A) Credit $8,780
B) Debit $8,780
C) Credit $4,390
D) Debit $4,390

Correct Answer:

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