both journals have 14 entries

The following information about the weeldy paryroll was obtained from the records of Boltz Co: Required: 3. tanitan 7 in moned the navinit Required: 1. Assuming that the payrot related to the first fult week of the year and was paid on January 7 , joumalize the following enties a January 7 , to record the payroll. b. January 7 , to record the employer's payroll taxes on the payroll for the first week of the year. Since it is a new fiscal year, all 5668,000 int sataries is subject to unemployment compensabion taxes. 2. Assuming that the payrolt related to the last week of the year and was paid on December 31, foumalize the following entries: a. December 31 , to record the payoll b. December 31, to record the employer's peyroll taxes on the payroll for the last week of the year or the fotal payroll for the last week of the yeat, $34,000 is subject to unemployment compensavion taxes. robl ebook Entrles for payroll and payroll taxes Instructions Chart of Accounts General Joumal Creas wy Wack I Nor 21 The following information about the weeldy paryroll was obtained from the records of Boltz Co: Required: 3. tanitan 7 in moned the navinit Required: 1. Assuming that the payrot related to the first fult week of the year and was paid on January 7 , joumalize the following enties a January 7 , to record the payroll. b. January 7 , to record the employer's payroll taxes on the payroll for the first week of the year. Since it is a new fiscal year, all 5668,000 int sataries is subject to unemployment compensabion taxes. 2. Assuming that the payrolt related to the last week of the year and was paid on December 31, foumalize the following entries: a. December 31 , to record the payoll b. December 31, to record the employer's peyroll taxes on the payroll for the last week of the year or the fotal payroll for the last week of the yeat, $34,000 is subject to unemployment compensavion taxes. robl ebook Entrles for payroll and payroll taxes Instructions Chart of Accounts General Joumal Creas wy Wack I Nor 21