Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Exercise AI-7 Payroll journal entry LO2 Paradise Hills Berry Farm has 26 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 26 employees who are paid biweekly. The payroll register showed the following payroll deductions for the pay period ending March 23, 2018.

Gross PayEI PremiumIncome TaxesCPPMedical Ins.United Way72,950.001,210.9710,061.003,437.781,325.001,494.00

Required:

Using the information provided, prepare the journal entry to record the payroll expenses.(Round the final answers to 2 decimal places.)

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

Recommended Textbook for

Fundamental Managerial Accounting Concepts

Authors: Thomas Edmonds

6th Edition

78110890, 978-0078110894

More Books

Students also viewed these Accounting questions

Question

Get married, do not wait for me

Answered: 1 week ago

Question

Do not pay him, wait until I come

Answered: 1 week ago

Question

Do not get married, wait until I come, etc.

Answered: 1 week ago