Giblin's Goodies pays employees weekly on Fridays. However. the company notices that April 30th is a Thursday and the pay period will end on May 1. The payroll data for April 27April 30 is as follows: Gross pay: $7,000.00 Federal income tax: $805.00 Social Security tax: $434.00 Medicare tax: $101.50 State income tax: $140.00 Required: Give the adjusting entry in the General Journal to recognize the employee and employer share of the payroll for April 27-30. The date of the entry is April 30. Then record thejournal entry to reverse the adjustment on May 1, 2020. (If no entry is required for a transactionlevent, select "No journal entry required" in the rst account field. Round your answers to 2 decimal places.) Journal entry worksheet Record the adjusting Journal Entry for payroll accrual. Note: Enter debits before credits. Apr 30 ESalan'es and wages expense V 7,000.00 - _ Social security tax payable - 434.00 Medicare tax payable Employee federal income tax payable 805.00 State income tax payable 140.00 Record entry Clear entry View general journal Journal entry worksheet 2 Record the reversal of adjusting Journal Entry for payroll accrual. Note: Enter debits before credits. Date General Journal Debit Credit May 01 Social security tax payable 434.00 Medicare tax payable 101.50 Employee federal income tax payable 805.00 State income tax payable 140.00 Salaries and wages expense Record entry Clear entry View general journal