Debit 7-2. Giblin's Goodies pays employees weekly on Fridays. However, the company notices that October 31 is a Thursday and the pay period will end on November 1. The payroll data for October 28-October 31 is as follows: Gross pay: $4,500 Federal income tax: $520 Social Security tax: $279 Medicare tax: $65.25 State income tax: 590 Give the adjusting entry in the General Journal to recognize the employee and employer share of the payroll for October 28-31. Date the entry October 31. Then give the journal entry to reverse the adjustment on November 1, 2019, Date Description Post Ref. Credit 1 2 2 3 3 4 5 5 6 6 7 8 9 10 10 11 11 12 12 13 13 14 15 15 1 4 7 8 9 14