Jensen Company Jensen Company has the following information for the pay period of December 15 - 31, 2012: Salaries $10,000 Federal income tax $1,500 State income tax $1,200 FICA $565 Refer to the information provided for Jensen Company. Salaries are paid on December 31, 2012. On December 31st, Cash would be recorded for:
A) $8,500.
B) $10,000.
C) $6,735.
D) $7,300.
C
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