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Which of the Following Statement Is True

Question 68

Multiple Choice

Which of the following statement is true?


A) Payroll Tax Expense increases on the credit side of the account.
B) FICA Medicare Payable increases with a credit.
C) Federal Income Tax Withholding Payable decreases with a credit.
D) Employee Payroll Taxes withheld are recorded in Payroll Tax Expense.

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