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For the year ended December 31, Sheridan Electrical Repair Company reports the following summary pryroli data. Sheridan Comqany/s peproll taxes are Social Security tax 6.2K

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For the year ended December 31, Sheridan Electrical Repair Company reports the following summary pryroli data. Sheridan Comqany/s peproll taxes are Social Security tax 6.2K and Medicare tax 1.45K. Groas eamings subject to Social Security taxes of 62x total 5478000 (a) Prepare a rutunary foumal entry at December 31 for the full year's payroll. (Credit account tities are cutomatically indented wher: amount is entered Do not indent manually] (a) Prepare a summary journal entry at December 31 for the full year's payroll. (Credit account tities are outomotically indented when amount is entered. Do not indent manually.] (b) The W-2 Wage and Tak Statement requires the following dollar data. Complete the required data for the following employees. (b) The W-2 Wage and Tax Statement requires the following dollar data. Complete the required data for the following employces. (b) The W-2 Wage and Tax Statement requires the following dollar data Complete the required data for the following employees

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