=+Oct. 30. Paid Harold Co. the amount due on the note of August 1.

Dec. 27. Journalized the entry to record the biweekly payroll. A summary of the payroll record follows:

Salary distribution:

Sales $63,400 Officers 36,600 Office 10,000 $110,000 _______ Deductions:

Social security tax $ 5,050 Medicare tax 1,650 Federal income tax withheld 17,600 State income tax withheld 4,950 Savings bond deductions 850 Medical insurance deductions 1,120 31,220 _______ ________ Net amount $ 78,780 ________ ________