rrent Attempt in Progress -/5 At Concord Company, the following activities occurred on January 31. 1. Completed monthly payroll register, which shows salaries and wages $58,450, FICA taxes withheld $5,000, federal income taxes payable $2,600, state income taxes payable $570, union dues payable $540, United Fund contributions payable $2,070, and net pay $47,670. 2. Prepared payroll checks for the net pay and distributed checks to employees. 3. The company makes an adjustment pertaining to employee compensation for vacation pay at 7% of gross earnings. Prepare the journal entry for the monthly payroll as of January 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Credit Debit Date Account Titles and Explanation de 1920 Date Account Titles and Explanation Debit Credit e Textbook and Media -75 5 Date Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts Cred Prepare the journal entry required for vacation pay at January 31. (Credit account titles are automatically indented when amounts entered. Do not indent manually. Round answers to 2 decimal places, ey. 5,275.50.) Debit Account Titles and Explanation Date 1:28 AM ADAX 132 LIST OT ACCOUNTS Prepare the journal entry required for vacation pay at January 31. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, eg. 5,275.50.) Debit Credit Date Account Titles and Explanation e Textbook and Media List of Accounts 1.AM Attempts:0 of 2 used e for bater