Problems P 9-1 LOT Payroll Accounting Innovation company has three employees, Makoto Hinata, Kosuke Sawaki, and Miwa Yoshida. Summaries of their salaries and withholdings in December are as follows: Employee Gross salaries Income taxes withheld Labor insurance taxes withheld Health insurance withheld Makoto Hinata Kosuke Sawaki Miwa Yoshida NT$48.000 76,000 35,000 NT$2,400 2,570 1,750 NT$ 912 1,444 665 NT$ 707 2,239 516 Required: 1. Prepare the journal entry to record salaries payable for the month of December 2. Prepare the journal entry to record payment of the December salaries to employees. Payroll Accounting Swordstone Market, Inc., has three employees, Kindal Boyd, Brent Debenham, and Sesar fanno Summaries of their salaries and withholdings P 9-2 LO1 LO6