Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Exercise AI-8 Recording employer's payroll deductions LO3 Paradise Hills Berry Farm has 21 employees who are paid biweekly. The payroll register showed the following payroll

Exercise AI-8 Recording employer's payroll deductions LO3

Paradise Hills Berry Farm has 21 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

78,950.00 1,310.57 10,889.00 3,768.09 1,475.00 1,644.00

Required:

Prepare a journal entry to record the employers share of payroll deductions. (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_2

Step: 3

blur-text-image_3

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

Managerial Accounting

Authors: John Wild, Ken Shaw

6th Edition

9781259726972

More Books

Students also viewed these Accounting questions

Question

Know how to find a consultant

Answered: 1 week ago