1. The firm estimates that irs compensation insurance premiums ior rairlawn ivinuracturing as ionows. the following rates for workers' employes will earn $180,000. The firm pays wages for the factory employees. estimated premium. Date the entry as January 12,201. 2. On January 3,202, an audit of the firm's payroll records for 201 showed that the firm had actually paid wages of $57,000 to its office employees and $183,000 to its factory employees. Compute the actual premium for the year and the balance due to the insurance company or the credit due to the firm. In the general journal, record the entry to adjust the Workers' Compensation Insurance Expense as of the end of 20X1. Date the entry December 31, 201. Complete this question by entering your answers in the tabs below. Record the payment of the estimated premium. Date the entry January 12, 201. Journal entry worksheet Record the payment of the estimated premium. Note: Enter debits before credits