Lakeview Company completed the following two transactions. The annual accounting perlod ends December 31. a. On December 31, calculated the payroll, which indicates gross earnings for wages ($100,000), payroll deductions for income tax ($10.000), payroll deductions for FICA ($7,500), payroll deductions for American Cancer Society ($3,750), employer contributions for FICA (matching), and state and federal unemployment taxes ($875). Employees were paid in cash, but payments for the corresponding payroll deductions have not yet been made and employer taxes have not yet been recorded b. Collected rent revenue of $6,375 on December 10 for office space that Lakeview rented to another business. The rent collected was for 30 days from December 12 to January 10 and was credited in full to Deferred Revenue, Record the wages expense, including payroll deductions. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Record the payroll tax expense. Note: Enter debits before credits. Date General Journal Debit Credit Dec 31 Journal entry worksheet