Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Exercise Al-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

image text in transcribed
Exercise Al-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, 2015. Gross Pay 78,950.00 United Way 1,644.00 El Premium Income Taxes 10,889.00 CPP Medical Ins. 1,475.00 1,484.00 3,768.09 Required: Prepare a jounal entry to record the employer's share of payroll deductions. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field. Round the final answers to 2 decimal places.) View transaction list Journal entry worksheet 1 Record the employer's share of payroll deductions. Note: Enter debits before credits. Date General Journal Debit Credit March 23 Record entry Clear entry View general journal

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

Quicken 2015 For Dummies

Authors: Stephen L. Nelson

1st Edition

1118920139, 978-1118920138

More Books

Students also viewed these Accounting questions