Question
Paradise Hills Berry Farm has 25 employees who are paid biweekly. The payroll register showed the following payroll deductions for the pay period ending March
- Paradise Hills Berry Farm has 25 employees who are paid biweekly. The payroll register showed the following payroll deductions for the pay period ending March 24,2019.
| Gross Pay | EI Premium | Income Taxes | CPP | Medical Ins. | Union Dues |
| 65,950.00 | 1,140.94 | 28,439.95 | 3,097.93 | 1,150.00 | 1,319.00 |
- Prepare Journal entry to record the payroll expense. 5marks
- Prepare a journal entry to record the employers share of payroll deductions. 4 marks
- Prepare a journal entry to record payment by employer to the Receiver General of Canada. 6 marks
- Paradise Hills Berry Farm has 25 employees who are paid biweekly. The payroll register showed the following payroll deductions for the pay period ending March 24,2019.
-
Gross Pay
EI Premium
Income Taxes
CPP
Medical Ins.
Union Dues
65,950.00
1,140.94
28,439.95
3,097.93
1,150.00
1,319.00
- Prepare Journal entry to record the payroll expense. 5marks
- Prepare a journal entry to record the employers share of payroll deductions. 4 marks
- Prepare a journal entry to record payment by employer to the Receiver General of Canada. 6 marks
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Auditing Derivative Strategies
Authors: Barbara Davison
1st Edition
0894134434, 978-0894134432
