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.: Salaries: Sales salaries Deductions: $204,000. Income tax withheld $73,920 Warehouse salaries Office salaries 112,000 104,000 Social security tax withheld 25,200 Medicare tax withheld 6,300 $420,000 Retirement savings 9,240 Group insurance 7,560 $122,220 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 hox does not require an entry leave it blank Previous Federal unemployment (employer only), 0.6% Required: If an amount box does not require an entry, leave it blank. 1a. Assuming that the payroll for the last week of the year is to be paid on December 31, journalize the entry on December 30 to record the payroll Date Dec. 30 Account Debit Credit oes on the paYE 1b. Assuming that the payroll for the last week of the year is to be paid on December 31, journalize the entry on December 30 to record the employer's payroll taxes on the payroll to be paid on December 31. Of the total payroll for the last week of the year, $21,000 is subject to unemployment compensation taxes. Date Dec. 30 Account Debit Credit 2a. Assuming that the payroll for the last week of the year is to be paid on January 4 of the following fiscal year, joumalize the entry on December 30 to record the pay Date Account Debit Credit Dec. 30 eBook Date Account Debit Credit Dec. 30 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 payroll taxes on the payroll to be paid on January 4. Because it is a new fiscal year, all $420,000 in salaries is subject to unemployment compensation taxes. Date Jan. 5 Account Debit Credit 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 perul taxes on the payroll to be paid on January 4. Because it is a new fiscal year, all $420,000 in salaries is subject to unemployment compensation taxes. Date Jan. 5 Account Debit Credit