Question: Select the following Journal Entry that represents the Journal Entry needed for - Recording of Gross Pay and Liabilities from Withholdings Group of answer choices

Select the following Journal Entry that represents the Journal Entry needed for - Recording of Gross Pay and Liabilities from Withholdings

Group of answer choices

Debit Cash, Credit Net Payroll Payable

Debit Wage Expense, Credit FICA Payable, Federal Withholding Payable, State Withholding Payable, Net Payroll Payable

Debit Gross Pay, Credit Cash, Owners Equity

Debit FICA Payable, Federal Withholding Payable, State Withholding Payable, net Payroll Payable and Credit Wage Expense

None of the above

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