Instructions:

As a financial Accountant make the appropriate journal entries in the general journal.

12/31The payroll summary for the monthly paid employees is submitted so that December checks can be distributed before the year-end; the de tails are as follows: Office and administrative salaries Federal income taxes withheld State income taxes withheld FICA taxes withheld $45,900 7,696 1,517 3.320 Net pay Issued check No. 1603 for the amount of the net pay and deposited it in the payroll bank account. Individual payroll checks were then prepared for distribution to all monthly employees by the end of the day. Employer's payroll taxes: FICA tax (all office and administrative) Federal unemployment tax State unemployment tax $3,320 12/31Cash sales since December 14 total $39,980