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Question # 39

When payroll liabilities are paid, which accounts are affected?

Options:

A.

Debit Payroll Expense; Credit Cash

B.

Debit Payroll Liabilities; Credit Cash

C.

Debit Cash; Credit Payroll Expense

D.

Debit Equity; Credit Payroll Expense

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FPC Overview

Name FPC Fundamental Payroll Certification
Code FPC
Vendor Finance, Insurance and Real Est
Certification American Payroll Association (APA)

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