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. $272,000 Salaries: Sales salaries Warehouse salaries Office salaries $98,736 Deductions: Income tax withheld U.S. savings bonds Group Insurance 150.000 12,342 139,000 10,098 $561,000 Tax rates assumed: Social security, 6% Medicare, 1.5% State unemployment (employer only), 5.4% Federal unemployment (employer only), 0.8% Required: If an amount box does not require an entry, leave it blank ia. Assuming that the payroll for the last week of the year is to be paid on December 31. Journalize the entry on December 20, to record the payroll Date Account Debit Credit 1a. Assuming that the payroll for the last week of the year is to be paid on December 31, Joumalize the entry on December 30, to record the payroll Date Account Debit Credit Dec. 30 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, $28,000 is subject to unemployment compensation taxes. Date Account Debit Credit Dec. 30 20. 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 on December 30, to record the payroll. 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 on January 4, to record the employer's payroll taxes on the payroll to be paid on January 4. Because it is a new fiscal year, all $561,000 in salaries is subject to unemployment compensation taxes. Date Account Debit Credit Jan. 4