Dan Jones and Pat Smith are two employees of Lone Star Company. In January 2019, Dan's gross pay was $11,500, and Pat's gross pay was $15,400. All earnings are subject to FICA-OASDI Tax of 6.2% and FICA-Medicare Tax of 1.45%. Which of the following would be included in the entry to record the payroll tax expense to be paid out by Lone Star Company for January?

A) a debit to Salaries Payable to employees for $390.05
B) a debit to FICA-OASDI Taxes Payable for $390.05
C) a credit to FICA-Medicare Taxes Payable for $390.05
D) a credit to Salaries Expense for $390.05


C) a credit to FICA-Medicare Taxes Payable for $390.05

Business

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