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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: 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. 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, $30,000 is subject to unemployment compensation taxes. 2a. 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. 2a. 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. 2b. Assuming that the payroll for the last week of the year is to be paid on January 4 of the following fiscal yeari 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 $1,185,000 in salaries is subject to unempioyment 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 payroll taxes on the payroll to be paid on January 4 . Because it is a new fiscal year, all $1,185,000 in salaries is subject to unemployment compensation taxes

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