Reference no: EM133187328

Question - Use this information for Magnum Company to answer the following question. The following totals for the month of April were taken from the payroll register of Magnum Company:

Salaries $12,000

FICA taxes withheld 900

Income taxes withheld 2,500

Medical insurance deductions 450

Federal unemployment taxes 32

State unemployment taxes 216

Required - What the entry to record the accrual of the employer's payroll taxes would include a

a. debit to Payroll Tax Expense for $2,500

b. credit to Payroll Tax Expense for $248

c. debit to FICA Taxes Payable for $1,800

d. debit to Payroll Tax Expense for $1,148