Katie Pereira and Ferro Schwartz are employees of Free Star, Inc In February 2017, Katie's gross pay was $6,000, and Ferro's gross pay was $7,400
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 salaries expense for February?
A) a debit to Salaries Payable to employees for $830.80
B) a debit to FICA-Medicare Taxes Payable for $830.80
C) a credit to FICA-OASDI Taxes Payable for $830.80
D) a credit to Salaries Expense for $830.80
C .Katie's Salary $6,000.00
Ferro's Salary $7,400.00
Total Salary $13,400.00
Credit to FICA-OASDI Taxes Payable ($13,400 x 6.2%) $830.80
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