Payroll Accounts and Year-End Entries The following accounts, with the balances indicated, appear in the ledger of Garcon Co. on December 1 of the current year: 211 Salaries Payable 212 Social Security Tax Payable $9,348 213 Medicare Tax Payable 2,460 214 Employees Federal Income Tax Payable 15,170 215 Employees State Income Tax Payable 14,760 216 State Unemployment Tax Payable 1,558 217 Federal Unemployment Tax Payable 492 218 Retirement Savings Deductions Payable 4,000 219 Medical Insurance Payable 28,500 411 Operations Salaries Expense 993,000 511 Officers Salaries Expense 648,000 512 Office Salaries Expense 165,000 519 Payroll Tax Expense 141,040 The following transactions relating to payroll, payroll deductions, and payroll taxes occurred during December

Dec. 2Issued Check No. 410 for $4,000 to Jay Bank to invest in a retirement savings account for employees.2Issued Check No. 411 to Jay Bank for $26,978 in payment of $9,348 of social security tax, $2,460 of Medicare tax, and $15,170 of employees' federal income tax due.13Journalized the entry to record the biweekly payroll. A summary of the payroll record follows: Salary distribution: Operations$46,000 Officers29,000 Office7,000$82,000Deductions: Social security tax$4,920 Medicare tax1,230 Federal income tax withheld15,170 State income tax withheld3,690 Retirement savings deductions2,000 Medical insurance deductions4,75631,766Net amount $50,23413Issued Check No. 420 in payment of the net amount of the biweekly payroll to fund the payroll bank account.13Journalized the entry to record payroll taxes on employees' earnings of December 13: social security tax, $4,920; Medicare tax, $1,230; state unemployment tax, $390; federal unemployment tax, $130.16Issued Check No. 424 to Jay Bank for $27,470, in payment of $9,840 of social security tax, $2,460 of Medicare tax, and $15,170 of employees' federal income tax due.19Issued Check No. 429 to Sims-Walker Insurance Company for $28,500, in payment of the semiannual premium on the group medical insurance policy.27Journalized the entry to record the biweekly payroll. A summary of the payroll record follows: Salary distribution: Operations$45,000 Officers29,000 Office7,000$81,000Deductions: Social security tax$4,860 Medicare tax1,215 Federal income tax withheld14,823 State income tax withheld3,645 Retirement savings deductions2,00026,543Net amount $54,45727Issued Check No. 541 in payment of the net amount of the biweekly payroll to fund the payroll bank account.27Journalized the entry to record payroll taxes on employees' earnings of December 27: social security tax, $4,860; Medicare tax, $1,215; state unemployment tax, $195; federal unemployment tax, $65.27Issued Check No. 543 for $22,095 to State Department of Revenue in payment of employees' state income tax due on December 31.31Issued Check No. 545 to Jay Bank for $4,000 invest in a retirement savings account for employees.31Paid $43,000 to the employee pension plan. The annual pension cost is $56,000. (Record both the payment and unfunded pension liability.)

Required:

1. Journalize the transactions. For a compound transaction, if an amount box does not require an entry, leave it blank. For December 16th transactions, (a.) record the payroll and (b.) payment of salaries. For December 30th transactions, (a.) record the payroll, (b.) payment of salaries, (c.) record the taxes, and (d.) payment of taxes.