Exercise 10.6 (Algo) Recording payroll transactions in the general journal. LO 10-7

Exercise 10.6 (Algo) Recording payroll transactions in the general journal. LO 10-7 Private Publishing has two office employees. A summary of thelr earnings and the related taxes withheld from thelr pay for the week ending June 7, 20X1, follows. 1\&2. Prepare the general journal entrles to record the company's payroll and to summarize the checks to pay the weekly payroll. (Round your answers to 2 decimal places.) Journal entry worksheet Record the company's payroll for the week to be paid at a later date. Note: Enter debits before credits. Journal entry worksheet Record the entry to summarize the checks to pay the weekly payroll. Note: Enter debits before credits