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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
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 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 WorkStep by Step Solution
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