Question
Exercise AI-7 Payroll journal entry LO2 Paradise Hills Berry Farm has 29 employees who are paid biweekly. The payroll register showed the following payroll deductions
Exercise AI-7 Payroll journal entry LO2
Paradise Hills Berry Farm has 29 employees who are paid biweekly. The payroll register showed the following payroll deductions for the pay period ending March 23, 2018.
| Gross Pay | EI Premium | Income Taxes | CPP | Medical Ins. | United Way |
| 75,950.00 | 1,260.77 | 10,475.00 | 3,566.28 | 1,400.00 | 1,569.00 |
Required: Using the information provided, prepare the journal entry to record the payroll expenses. (Round the final answers to 2 decimal places.)
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Forensic Accounting In Detecting Financial Frauds
Authors: Motilal Balram Bhavnani
1st Edition
979-8889950707
