From the following items in the income statement columns of the worksheet of Friend's Tutoring at December 31, prepare the closing entries without explanation, assuming that a $1, 500 withdrawal was made during the period. Sweetman's Recording Studio payroll records show the following information: Assume the following: a) FICA: OASDI, 6.2% on a limit of $102,000; Medicare, 1.45% b) Each employee contributes $40 per week for union dues c) State income tax is 5% of gross pay d) Federal income tax is 20% of gross pay Prepare a general journal payroll entry