Record entries for the following transactions for the month of April for Bonanza Inc.

a. Payroll records for the month of April show the following:

Employee Employer

Income Tax Union Dues

Gross Wages Withholdings FICA Payable FICA SUTA FUTA

$240,000 $72,000 $18,360 $3,000 $18,360 $12,960 $1,440

b. Employees rights to paid vacation vest and are attributable to services already rendered. Payment is probable, and Tokays obligation was reasonably estimated at $165,000 on April 30.

c. Employees rights to sick pay benefits do not vest but accumulate for possible future use. The rights are attributable to services already rendered, the total accumulated sick pay was reasonably estimated at $30,000 on April 30, and payment is probable.

Note: If a journal entry isn't required on any of the dates shown, select "N/Adebit" and "N/Acredit" as the account names and leave the Dr. and Cr. answers blank (zero).

Ref. Account Dr. Cr.

a(1). April 30

To record payroll withholdings.

a(2). April 30

To record payroll tax expense.

b. April 30

To record compensated absences accrual.

c. April 30

To accrued for sick pay