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businessaccountingaccounting questions and answersthe following totals for the month of april were taken from the payroll records of noll company. salaries $60,000 fica taxes withheld 4,590 income taxes withheld 12,500 medical insurance deductions 2,250 federal unemployment taxes 160 state
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Question: The Following Totals For The Month Of April Were Taken From The Payroll Records Of Noll Company. Salaries $60,000 FICA Taxes Withheld 4,590 Income Taxes Withheld 12,500 Medical Insurance Deductions 2,250 Federal Unemployment Taxes 160 State
The following totals for the month of April were taken from the payroll records of Noll Company.

Salaries $60,000
FICA taxes withheld 4,590
Income taxes withheld 12,500
Medical insurance deductions 2,250
Federal unemployment taxes 160
State unemployment taxes 1,080
The entry to record the payment of net payroll would include a

debit to Salaries and Wages Payable for $36,070.

credit to Cash for $45,250.

debit to Salaries and Wages Payable for $40,660.

debit to Salaries and Wages Payable for $39,580.