Question: what is the correct answer with reason and why other options are incorrect? Question: Which journal entry is correct for the following scenario? A payment

what is the correct answer with reason and why other options are incorrect?

Question: Which journal entry is correct for the following scenario?

A payment is made to the health insurance carrier. This payment covers employee deductions and employer contributions for the previous month's payroll.

A. Debit Health Insurance Expense, Credit Cash

B. Debit Cash, Credit Health Insurance Expense

C. Debit Wages, Credit Health Insurance Payable

D. Debit Health Insurance Payable, Credit Cash

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