Use this information to answer the following question. Panadora Company has the following information for the pay period of January 1-15, 2014. Payment occurs on January 20. Gross payroll $32,000 Federal income taxes withheld $3,600 Social security and Medicare rate 7.65% Federal unemployment tax rate 0.8% State unemployment tax rate 5.4% The entry on January 20 would be a debit to
A) Salaries Payable and a credit to Cash.
B) Salaries Payable and a credit to Salaries Expense.
C) Salaries Expense and a credit to Cash.
D) Salaries Expense and a credit to Salaries Payable.
A
Business
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