Question

if wages payable is credited $600, fica payable is credited $25, and fit payable is credited $125, by how much will wages expense need to be debited?
$750
$700
$650

Explanation:

Step1: Identify the amounts to sum

We need to sum the credits to Wages Payable, FICA Payable, and FIT Payable. The amounts are $600, $25, and $125.

Step2: Calculate the total

To find the amount to debit Wages Expense, we add these amounts together: $600 + $25 + $125 = $750.

Answer:

$750