Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Exercise Al-9 Payment of payroll deductions LO3 Paradise Hills Berry Farm has 22 employees who are paid biweekly. The payroll register showed the following payroll

image text in transcribed
Exercise Al-9 Payment of payroll deductions LO3 Paradise Hills Berry Farm has 22 employees who are paid biweekly. The payroll register showed the following payroll deductions for the pay period ending March 23, 2015. Gross Pay 68,950.00 El Premium 1,296.00 Income Taxes 9,509.00 CPP 3,266.43 Medical Ins. 1,225.00 United Way 1,394.00 Required: Prepare a journal entry to record payment by the employer to the Receiver General for Canada on April 15. (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 Record the remittance to the Receiver General for Canada, Note: Enter debits before credits. General Journal Debit Credit Date April 15

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

Financial Accounting and Reporting

Authors: Barry Elliott, Jamie Elliott

14th Edition

978-0273744535, 273744445, 273744534, 978-0273744443

More Books

Students also viewed these Accounting questions