Paradise Hills Berry Farm has 25 employees who are paid biweekly. The payroll register showed the following
Question:
Required
Using the information provided, prepare the journal entry to record the payroll expenses.
Transcribed Image Text:
El Income Medical Ins. United Gross Pay Premium Taxes CPP Way 65,950.00 1,150.00 1,207.00 9,095.00 3,097.93 1,319.00
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 64% (14 reviews)
Mar 23 Salaries Expense 6595000 EI Pay...View the full answer
Answered By
Utsab mitra
I have the expertise to deliver these subjects to college and higher-level students. The services would involve only solving assignments, homework help, and others.
I have experience in delivering these subjects for the last 6 years on a freelancing basis in different companies around the globe. I am CMA certified and CGMA UK. I have professional experience of 18 years in the industry involved in the manufacturing company and IT implementation experience of over 12 years.
I have delivered this help to students effortlessly, which is essential to give the students a good grade in their studies.
3.50+
2+ Reviews
10+ Question Solved
Related Book For
Fundamental Accounting Principles Volume 1
ISBN: 9781259259807
15th Canadian Edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
Question Posted:
Students also viewed these Business questions
-
Refer to the information in Exercise AI-7. Prepare a journal entry to record the employers share of payroll deductions. Refer to exercise Ai-7 Paradise Hills Berry Farm has 25 employees who are paid...
-
Refer to the information in Exercise AI-7 and Exercise AI-8. Prepare a journal entry to record payment by the employer to the Receiver General for Canada on April 15. Refer to exercise Ai-7 Paradise...
-
Calaways has two employees and the payroll register showed the following information for the biweekly pay period ended March 23, 2014: Prepare the entry to record the payroll liability on March 23,...
-
Find the derivative of the vector function r(t) = e^t^2 i-j + In(1+3t)k.
-
Kelsey Calhoun is employed as a financial analyst at a large brokerage house. Her job is to follow companies in the computer hardware sector and issue reports that will be used by her firm's brokers...
-
Methanol can be produced by the following reaction \[ \mathrm{CO}(\mathrm{g})+2 \mathrm{H}_{2}(\mathrm{~g}) ightarrow \mathrm{CH}_{3} \mathrm{OH}(\mathrm{g}) \] If some inert gas is added to the...
-
Differentiate the cost and value drivers in a projects supply chain.
-
AnderSet Laboratories produces rough lenses that will ultimately be ground into precision lenses for use in laboratory equipment. The company has developed the following thickness measures, based on...
-
Problem assignmemnt The newly appointed accountant of a start-up company Pioneer Limited, which has received funding from two sharks jointly in the Shark Tank against the issue of debentures, has...
-
Find the Thevenin equivalent of the circuit in Fig. 10.103 as seen from: (a) Terminals a-b (b) Terminals c-d cd O a 2020 V
-
Discuss some of the ways in which banks are investing in sustainability. What are the advantages of investing in sustainability? The disadvantages? Banks not only want to incorporate greener...
-
How does Bitcoin differ from other forms of currency? What are some of the ethical concerns involved with Bitcoin? Bitcoin is a digital currency that can be used to make purchases without the use of...
-
On April 1, 2009, LRF Corp. issued $600,000, 7%, 5-year bonds at face value. The bonds were dated April 1, 2009, and pay interest annually on April 1. Financial statements are prepared annually on...
-
1. (15 points) You did so well selling concert tickets that you've been put in charge of organising the next concert. Specifically, you need to book a musical act and decide on the ticket price. If...
-
The Common Vulnerability Scoring System ( CVSS ) is an open framework for communicating the characteristics and severity of software vulnerabilities. Two common uses of CVSS are calculating the...
-
3. Retirement Saving [40 marks] Present bias may induce individuals to save too little for old age, when they no longer have labour income. Consider the following model to address this concern...
-
Let f(x, y, z) be a smooth function for which Vf|(1,5,1) at P(1,1) is O a. 1.41 O b. 8.49 O c. 5.66 d. 14.14 O e. 2.83 Of. 0.28 - 1.12 +2.99 + 2. Using the chain rule, the value of af/ap
-
Chris drives from Ottawa to Huntsville ( 3 4 2 km ) , then from Huntsville to Toronto ( 2 3 6 km ) . a ) What is the magnitude and direction of Chris displacement in km ? b ) If the trip takes 4 ....
-
Describe how the graph of each function can be obtained from the graph of (x) = |x|. k(x) = 2 |x - 4|
-
Recall that Chapter 8 described the binary search algorithm for finding a particular entry in an ordered list. The idea behind binary search is to begin looking in the exact center of the list. If...
-
Except for the earnings per share statistics, the 2021, 2020, and 2019 income statements for Ace Group Inc. were originally presented as follows: Required 1. Calculate the 11 missing amounts. 2....
-
Tropical Vacation Inc. has tentatively prepared its financial statements for the year ended December 31, 2020, and has submitted them to you for review. The equity account balances at December 31,...
-
Ozzi Development Inc. showed the following equity account balances on the December 31, 2019, balance sheet: Common shares, unlimited authorized shares, 660,000 shares issued and outstanding...
-
A standard adult volleyball net has a height of 7 feet 4 1/8 inches which is shown as h in the sketch. The top of this net is supported by two ropes OA and OB with the dimensions shown. Find: Find...
-
Evaluate the following limits 2-10x+21 a. lim 3 x+x-12 23-3x-9 b. lim x-1x-4x+2
-
Perit Industries has $140,000 to invest. The company is trying to decide between two alternative uses of the funds. The alternatives are: Cost of equipment required Working capital investment...
Study smarter with the SolutionInn App