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Complete all parts Question 1 (of 5) 1.00 points PB10-3 Recording and Reporting Current Liabilities LO 10-2 Sandler Company completed the following two transactions. The

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Question 1 (of 5) 1.00 points PB10-3 Recording and Reporting Current Liabilities LO 10-2 Sandler Company completed the following two transactions. The annual accounting period ends December 31. a. On December 31, calculated the payroll, which indicates gross earnings for wages ($420,000) deductions for income tax ($44,000), payroll deductions for FICA United Way ($5,600), employer contributions for FICA (matching) and state and federal unemployment $36,000), payroll deductions for taxes ($3.600). Employees were paid in cash, but payments for the corresponding payroll deductions have not been made and employer taxes have not yet been recorded b. Collected rent revenue of $1,980 on December 10 for office space that Sandler rented to another business. The rent collected was for 30 days from December 11 to January 10 and was credited in full to Unearned Revenue Required: 1. &2. Complete the required journal entries for the above transactions as shown below () Prepare the entries required on December 3 1 to record payrol. ()Prepare the journal entry for the collection of rent on December 10 (ili) Prepare the adjusting journal entry on December 31 (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 Record the wages expense, including payroll deductions. FI F2 o FA FS 8

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