Question: How is this journalized I am making it too complicated. No. 28 Glo-Brite has been notified by the insurance company that there will be no

How is this journalized I am making it too complicated.

No. 28

Glo-Brite has been notified by the insurance company that there will be no premium charge for the month of December on the policy for Virginia Russell. Prepare the entry for the check made payable to the estate of Virginia A. Russell, for the amount that was withheld for insurance from her December 14 pay.

The Amount withheld was 14.70

I am assuming But I am not sure please advise thanks

Group Insurance Premiums Collected	27	14.70
Payroll Cash	12		14.70

Payroll Cash	12	-14.70
Cash	11		-14.70

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