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Topirama, Inc. pays gross wages of $100,000 and withholds $7,650 for FICA and $16,500 for...

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Accounting

Topirama, Inc. pays gross wages of $100,000 and withholds $7,650 for FICA and $16,500 for FITW. No employees have earned wages of $7,000 year to date. Whats the journal entry to record employer federal taxes? A Debit Payroll Tax Expense $8,250, credit FICA Employer Payable $7,650, and credit FUTA Payable $600. B Debit Payroll Tax Expense $7,650, and credit FICA Employer Payable $7,650. C Debit Payroll Tax Expense $7,650, and credit Cash $7,650. D Debit Payroll Tax Expense $24,150, credit FICA Employer Payable $7,650, and credit FITW Payable $16,500

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