The Journal Entry To Record Salaries Earned By Employees Will Debit
The journal entry to record salaries earned by employees will debit:
Salary Expense for net pay, debit FICA Tax Payable, debit Employee Income Tax Payable, and credit Salary Payable for gross pay.
Salary Expense and credit Salary Payable for net pay.
Salary Expense and credit Salary Payable for gross pay.
Salary Expense for gross pay, credit FICA Tax Payable, credit Employee Income Tax Payable and credit Salary Payable for net pay.
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