akeview Company completed the following two transactions. The annual accounting period ends ecember 31 a. On December 31, calculated the payroll, which indicates gross earnings for wages ($112,000), payroll deductions for income tax ($11,200), payroll deductions for FICA ($8,400), payroll deductions for American Cancer Society ($4,200), employer contributions for FICA (matching), and state and federal unen ent taxes ($840). Employees were paid in cash, but payments for the corresponding payroll dedu ave not yet been made and employer taxes have not yet been recorded. b. Collectea rent revenue of $6,600 on December 10 for office space that Lakeview rented to another business. The rent collected was for 30 days from December 11 to January 10 and was credited in full to Unearned Rent Revenue. Required: 1& G Complete the required journal entries for the above transactions as shown below: 2. () Prepare the entries required on December 31 to record payroll. (i) Prepare the journal entry for the collection of rent on December 10. (ii) Prepare the adjusting journal entry on December 31 (Do not round intermediate calculations. If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 4 Record the wages expense, including payroll deductions Note: Enter debits before credits Date General Journal Debit Credit December Salaries and Wages Expense 112,000 31 FICA Payable 8,400 o not round intermediate calculations. If no entry is required for a transaction/event, select o Journal Entry Required" in the first account field.) on list View journal entry worksheet No Date General Journal Debit December 31 Salaries and Wages Expense 112,000 FICA Payable Charitable Contributions Payable Cash 8,400 200 124,600 2 December 31 Payroll Tax Expense FICA Payable State and Federal Unemployment Taxes Payable 3 December 10 Cash 6,600 Unearned Revenue 6,600 4 December 31 Unearned Revenue 4,400 Rent Revenue 4,400