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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.)

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