Problem 9.23A (Algo) Accounting for payroll and payroll toxes LO 9.5 Electuonics Service Conpuny pays salares monthly on the Lust day of the month. The folowing intormabon is oxuluble froen Electronks for the menth inded December 3t, Year 1 Assume the Social Secuify tax iofe as 60 percent on the fint $510000 of sularies. Duke seached 5110,000 before Sephember. Hs lows: Pequired a. Prepore the joumal entry to record the panment of poyrict on December 3t, Year 1 Of no entry is required for a transection/event, telect "Wo journel entry required" in the first accouns fields