$2$b$.$ Assuming that the payroll for the last week of the year is to be paid on January $4$ of the following fiscal year, journalize the entry on January $4,$ to record the employer's payroll taxes on the payroll to be paid on January $4.$ Because it is a new fiscal year, all $$1,185,000$ in salaries is subject to unemployment compensation taxes.

$\backslash$table$[[$Date$,$Account,Debit,,Credit,$],[$Jan$.4,$Payroll Tax Expense $V,159,975,$grad,,$],[,$Social Security Tax Payable $,,,,,$