BNW Inc. had a weekly payroll of $11,000 for three employees with mandatory withholdings of social security tax (7.65%), federal withholdings of $2,200, and state withholdings of $440. Voluntary withholdings included retirement plan contributions of $220, and health care savings account contributions of $330. Record the company's weekly payroll entry. • Note: Round your answers to the nearest whole dollar.

BNW Inc. had a weekly payroll of $11,000 for three employees with mandatory withholdings of social security tax (7.65%), federal withholdings of $2,200, and state withholdings of $440. Voluntary withholdings included retirement plan contributions of $220, and health care savings account contributions of $330. Record the company's weekly payroll entry. • Note: Round your answers to the nearest whole dollar.

Financial Accounting

15th Edition

ISBN:9781337272124

Author:Carl Warren, James M. Reeve, Jonathan Duchac

Publisher:Carl Warren, James M. Reeve, Jonathan Duchac

Chapter11: Current Liabilities And Payroll

Section: Chapter Questions

Problem 4PA

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