Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Culver Corporations weekly payroll of $22,000 included FICA taxes withheld of $1,683, federal taxes withheld of $2,930, state taxes withheld of $840, and insurance premiums

image text in transcribedCulver Corporations weekly payroll of $22,000 included FICA taxes withheld of $1,683, federal taxes withheld of $2,930, state taxes withheld of $840, and insurance premiums withheld of $250. Prepare the journal entry to record Culvers payroll. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.)

Brief Exercise 13-6 Your answer is partially correct. Try again. Culver Corporation's weekly payroll of $22,000 included FICA taxes withheld of $1,683, federal taxes withheld of $2,930, state taxes withheld of $840, and insurance premiums withheld of $250. Prepare the journal entry to record Culver'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.) Account Titles and Explanation Debit Credit Salaries and Wages Expense 22000 FICA Taxes Payable 1683 T Withholding Taxes Payable 2930 Insurance Premium Payable 250 T Cash 16297 Click if you would like to Show Work for this question: Open Show Work

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Teams Dynamics And Efficiency

Authors: Mara Cameran, Angelo Ditillo, Angela Pettinicchio

1st Edition

1032097000, 9781032097008

More Books

Students also viewed these Accounting questions

Question

14. In Prob. 13 find the BAS.

Answered: 1 week ago