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Entries for Payroll and Payroll Taxes The following information about the payroll for the week ended December 30 was obtained from the records of Saine

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Entries for Payroll and Payroll Taxes The following information about the payroll for the week ended December 30 was obtained from the records of Saine Co.: Tax rates assumed: Social security, \6 Medicare, \1.5 State unemployment (employer only), \5,4 Federal unemployment (employer only), \0.6 Required: If an amount box does not require an entry, loave it blank. 1a, Assuming that the parres for the last week of the year is to be paid ea December 31. journalice the enkry on December 30; to record the payroll. 1b. Assuming that the purroll for the last week of the year is to be pald on Deceinber 31, joumalize the entry on December 30 , to record the employer's paryroll tanes on the payroll to be paid on December 31. Of the total paytol for the last week of the year, \\( \\$ 30,000 \\) is subject to unemployment corrpersabion taxes. Dowroli. 2a. Assuming that the payroll for the last week of the year is to be paid on Jonuary 4 of the following fiscal year, joumalize the entry on December 30 , to record the payroli. 2b. Assuming that the parroll for the last week of the year is to be paid on January 4 of the following fiscal yeac, journalize the entry to record the employer's payroll taxes on the payroll to be paid on January 4 . Because it is a new fiscal year, alf \\( \\$ 1,185,000 \\) in salaries is subject to unemployment compensation taxes. 2b. Assuming that the payroll for the last week of the year is to be paid on January 4 of the following fiscal year, journalize the entry to record the employer's poyroll taxes on the payroll to be paid on January 4 . Because it is a new fascal year, all \\( \\$ 1,185,000 \\) in salaries is subject to unemployment compensation taxes

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