Electronics Service Co. pays salaries monthly on the last day of the month. The following information is available from Electronics for the month ended December 31, Year 1: Administrative salaries Sales salaries Office salaries $83,000 69,000 39,000 Assume the Social Security tax rate is 6.0 percent on the first $110,000 of salaries and the Medicare tax rate is 1.5 percent on all salaries. Duke reached the $110,000 amount in September. His salary in December amounted to $12,000 and is included in the $83,000. No one else will reach the $110,000 amount for the year. None of the employee salaries are subject to unemployment tax in December Other amounts withheld from salaries in December were as follows: Federal income tax state income tax Employee savings plan $19,000 6,000 2,200 Required a. Prepare the journal entry to record the payment of payroll on December 31, Year 1. (if no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Journal entry worksheet 1 Record the entry for payment of payroll on December 31, Year 1. Note: Enter debits before credits. Credit Date 12/31 Debit 83,000 69,000 39,000 General Journal Administrative salaries expense Sales salaries expense Office salaries expense Employee federal income tax payable Employee state income tax payable FICA tax - SS payable FICA tax - Medicare payable Cash 19,000 6,000 Record entry Clear entry View general journal b. Prepare the journal entry to record the payroll tax expense for Electronics Service Co. for December Year 1. (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