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withholdings

(Dictionary)

Author:
Harold Averkamp, CPA, MBA

Definition

The term associated with payroll deductions from an employee’s gross wages or gross salary.

Dictionary

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  • Debits and Credits
  • Adjusting Entries
  • Financial Statements
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  • Accounts Receivable and Bad Debts Expense
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About the Author

Harold Averkamp

For the past 52 years, Harold Averkamp (CPA, MBA) has
worked as an accounting supervisor, manager, consultant, university instructor, and innovator in teaching accounting online. He is the sole author of all the materials on AccountingCoach.com.

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