CLAR LULLE ELU Help Save & Exit Submit Compute and record workers' compensation insurance premiums for Fairlawn Manufacturing as follows: 1. The firm estimates that its office employees will earn $46,000 next year and its factory employees will earn $162,000. The firm pays the following rates for workers' compensation insurance $0.40 per $100 of wages for the office employees and 53 50 per $100 of wages for the factory employees. Compute the estimated premiums for 20x1.In a general journal, record the payment of the estimated premium. Date the entry as January 12, 20X1. 2. On January 3, 20X2, an audit of the firm's payroll records for 20X1 showed that the firm had actually paid wages of $48,000 to its office employees and $165,000 to its factory employees. Compute the actual premium for the year and the balance due the insurance company or the credit due 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 as December 31, 20X1 Complete this question by entering your answers in the tabs below. Rea 1 Reg 1B Reg 24 Reg 28 Compute the estimated premiums for 20x1. Estimated premium Req18 > ILLU HUYUYIZUAL View transaction Is Journal entry worksheet 1 > Record the payment of the estimated premium Note: Enter debits before credits General Journal Dobit Credit Date Jan 12 20X1 Record entry Clear entry View general Journal 52 compute the estimated premiums for 20X1. In a general Journal, record the payment of the estimated premium. Date the ently as January 12, 20X1. 2. On January 3, 20X2, an audit of the firm's payroll records for 20X1 showed that the firm had actually paid wages of $48,000 to its office employees and $165,000 to its factory employees. Compute the actual premium for the year and the balance due the Insurance company or the credit due 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 as December 31, 20X1. Complete this question by entering your answers in the tabs below. Reg 1A Reg 1B Reg 2A Reg 28 Compute the actual premium for the year and the balance due to the insurance company or the credit due to the firm. (Enter all answers as positive values.) Actual premium Balance due View transaction list Journal entry worksheet ols