Obj. 2 PR 10-2B Entries for payroll and payroll taxes rom 1. (B) Dr. Payroll The following information about the payroll for the week ended December 30 was obtained f Tax Expense, the records of Saine Co. $90,735 Deductions: 625,000Income tax withheld 240,000U.S. savings bonds 320,000 $232,260 35,500 53,325 Salaries: Sales salaries Warehouse salaries Office salaries Group insurance GENERAL LEDGER $1,185,000 Tax rates assumed social security, 6% Medicare, 1.5% State unemployment (employer only), 5.4% Federal unemployment (employer only), 0.8% Instructions 1. Assuming that the payroll for the last week of the year is to be paid on December 31, journalize the following entries: A. December 30, to record the payroll. B. December 30, to record the employer's payroll taxes on the payroll to be paid on December 31. Of the total payroll for the last week of the year, $30,000 is subject to unemployment compensation taxes. 2. Assuming that the payroll for the last week of the year is to be paid on January 4 of the following fiscal year, journalize the following entries: A. December 30, to record the payroll. B. January 4, to record the employer's payroll taxes on the payroll to be paid on January 4. Because it is a new fiscal year, all $1,185,000 in salaries is subject to unen pensation taxes