At the end of the month, an entity needs to accrue for one week’s wages. The gross wages a
mount to $500, tax amounts to $100, employer’s social security tax is $50, employee’s social security tax is $40, and employees’ contributions to a pension scheme amount to $30. The ledger entries to record this accrual would be:
A、DR: wages expense $500 CR: social security tax payable $90 CR: Income tax payable $100 CR: Pension scheme payable $3 CR:Wages accrued $280
B、DR: wages expense $550 CR :social security tax $90 CR:Income tax payable $100 CR: Pension scheme payable $30 CR:Wages accrued $330
C、DR: wages expense $280 DR:social security tax $90 DR:Income tax expense $100 DR:Pension scheme $30 CR: wages accrued $500
D、DR: wages expense $330 DR: social security tax $90 DR: Income tax expense $100 DR:Pension scheme $30 CR wages accrued $550