Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Bramble Corporation's weekly payroll of $22,000 included FICA taxes withheld of $1,683, federal taxes withheld of $3,060, state taxes withheld of $1,000, and insurance premiums
Bramble Corporation's weekly payroll of $22,000 included FICA taxes withheld of $1,683, federal taxes withheld of $3,060, state taxes withheld of $1,000, and insurance premiums withheld of $270. Prepare the journal entry to record Bramble's payroll. (If no entry is required, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Debit Credit Account Titles and Explanation 22000 Salaries and Wages Expense 16257 Salaries and Wages Payable FICA Taxes Payable 1683 3060 FUTA Taxes Payable SUTA Taxes Payable 1000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started