Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1 Exercise Al-7 Payroll journal entry LO2 Paradise Hills Berry Farm has 24 employees who are paid biweekly. The payroll register showed the following payroll

image text in transcribed
1 Exercise Al-7 Payroll journal entry LO2 Paradise Hills Berry Farm has 24 employees who are paid biweekly. The payroll register showed the following payroll deductions for the pay period ending March 23, 2018. Gross Pay I Premium Income Taxes 70,950.00 1,177.77 CPP 3,352.10 Medical Ins. United May 1,275.00 1,444.00 took 9,785.00 References Required: Using the information provided, prepare the journal entry to record the payroll expenses. (Round the final answers to 2 decimal places.) View transaction list Journal entry worksheet

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

Step: 3

blur-text-image

Ace Your Homework with AI

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

Get Started

Students also viewed these Accounting questions