Question: Below, I have filled out the majority of this journal correctly, and I get to the last part and have leftover lines that I am required to use. What am I doing wrong? The last part is the only part that is confusing to me.

The following accounts, with the balances indicated, appear in the ledger of Garcon Co. on December 1 of the current year:

Account No.	Account Name	Balance
211	Salaries Payable
212	Social Security Tax Payable	$9,273
213	Medicare Tax Payable	2,318
214	Employees Federal Income Tax Payable	15,455
215	Employees State Income Tax Payable	13,909
216	State Unemployment Tax Payable	1,400
217	Federal Unemployment Tax Payable	500
218	Bond Deductions Payable	$ 3,400
219	Medical Insurance Payable	27,000
411	Operations Salaries Expense	950,000
511	Officers Salaries Expense	600,000
512	Office Salaries Expense	150,000
519	Payroll Tax Expense	137,951

The following transactions relating to payroll, payroll deductions, and payroll taxes occurred during December:

On page 10 of the journal:

Dec.	2	Issued Check No. 410 for $3,400 to Jay Bank to purchase U.S. savings bonds for employees.
	2	Issued Check No. 411 to Jay Bank for $27,046 in payment of $9,273 of social security tax, $2,318 of Medicare tax, and $15,455 of employees federal income tax due.
	13	Journalized the entry to record the biweekly payroll. A summary of the payroll record follows:

Salary distribution:
Operations	$43,200
Officers	27,200
Office	6,800	$77,200
Deductions:
Social security tax	$ 4,632
Medicare tax	1,158
Federal income tax withheld	15,440
State income tax withheld	3,474
Savings bond deductions	1,700
Medical insurance deductions	4,500	30,904
Net amount		$46,29

13	Issued Check No. 420 in payment of the net amount of the biweekly payroll.
	13	Journalized the entry to record payroll taxes on employees earnings of December 13: social security tax, $4,632; Medicare tax, $1,158; state unemployment tax, $350; federal unemployment tax, $125.
	16	Issued Check No. 424 to Jay Bank for $27,020, in payment of $9,264 of social security tax, $2,316 of Medicare tax, and $15,440 of employees federal income tax due.
	19	Issued Check No. 429 to Sims-Walker Insurance Company for $31,500 in payment of the semiannual premium on the group medical insurance policy.

On page 11 of the journal:

Dec.

27

Journalized the entry to record the biweekly payroll. A summary of the payroll record follows:

Salary distribution:
Operations	$42,800
Officers	28,000
Office	7,000	$77,800
Deductions:
Social security tax	$ 4,668
Medicare tax	1,167
Federal income tax withheld	15,404
State income tax withheld	3,501
Savings bond deductions	1,700	26,440
Net amount		$51,360

27	Issued Check No. 541 in payment of the net amount of the biweekly payroll.
	27	Journalized the entry to record payroll taxes on employees earnings of December 27: social security tax, $4,668; Medicare tax, $1,167; state unemployment tax, $225; federal unemployment tax, $75.
	27	Issued Check No. 543 for $20,884 to State Department of Revenue in payment of employees state income tax due on December 31.
	31	Issued Check No. 545 to Jay Bank for $3,400 to purchase U.S. savings bonds for employees.
	31	Paid $45,000 to the employee pension plan. The annual pension cost is $60,000. (Record both the payment and unfunded pension liability.)

Required:

1.

Journalize the transactions on pages 10 and 11 of the journal. Refer to the Chart of Accounts for exact wording of account titles.

2.

On page 12 of the journal, journalize the following adjusting entries on December 31 (refer to the Chart of Accounts for exact wording of account titles):

	a. Salaries accrued: operations salaries, $8,560; officers salaries, $5,600; office salaries, $1,400. The payroll taxes are immaterial and are not accrued.
	b. Vacation pay, $15,000.

Chart of Accounts CHART OF ACCOUNTS Garcon Co. General Ledger ASSETS REVENUE 410 Sales 110 Cash 111 Accounts Receivable 112 Interest Receivable 113 Notes Receivable 115 Inventory 116 Supplies 118 Prepaid Insurance 120 Land 123 Building 124 Accumulated Depreciation-Building 125 Office Equipment 126 Accumulated Depreciation-Office Equipment 610 Interest Revenue EXPENSES 510 Cost of Goods Solo 511 Officers Salaries Expense 512 Office Salaries Expense 513 Operations Salaries Expense 519 Payroll Tax Expense 524 Depreciation Expense-Building 525 Delivery Expense 526 Repairs Expense 529 Selling Expenses 531 Rent Expense 532 Depreciation Expense-Office Equipment 533 Insurance Expense LIABILITIES 210 Accounts Payable 211 Salaries Payable