Required information [The following information applies to the questions displayed below! Riverside Company completed the following two transactions. The annual accounting period ends December 31 On December 31, calculated the payroll, which indicates gross eamings for wages ($199,000), payroll deductions for income tax (519.000), payroll deductions for FICA ($22000), payroll deductions for United Way ($4,400), employer contributions for FICA matching and state and federal unemployment taxes ($2,500) Employees were paid in cash. but these payments and the corresponding payroll deductions and employer taxes have not yet been recorded Collected rent revenue of $5,040 on December 10 for office space that Riverside rented to another business. The rent collected was for 30 days from December 11 to January 10 and was credited in full to Deferred Revenue Required: 1. & 2. Complete the red journal entries to record payroll on December 31.collection of rent on December 10 and the adjusting our entry on December 31 TIP Notice that the entry recorded on December to includes 10 days of rental space out of 20) todontitter December 31 (Do not round Intermediate calculations. If no entry is required for a transaction event select "No Journal Entry Required in the first account field) Journal entry worksheet 3 4 Record the payroll tax expense. Note: Enter debits before credits General Journal Debit Credit Date December 31 Record entry Clear entry View general journal Required information Journal entry worksheet > 4 2 Record the collection of 30 days rent in advance amounting to $5,040. Note: Enter debits before credits. Debit Credit General Journal Date December 10 Record entry Clear entry View general journal Journal entry worksheet 2 3