Sandler Company completed the following two transactions. The annual accounting period ends December $31.$

a$.$ On December $31,$ calculated the payroll, which indicates gross earnings for wages $($$$330,000),$ payroll deductions for income tax $($$$35,000),$ payroll deductions for FICA $($$$27,000),$ payroll deductions for United Way $($$$4,700),$ employer contributions for FICA $($matching$),$ and state and federal unemployment taxes $($$$2,700).$ Employees were paid in cash, but payments for the corresponding payroll deductions have not been made and employer taxes have not yet been recorded.

b$.$ Collected rent revenue of $$1,710$ on December $10$ for office space that Sandler 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:

& $2.$ Prepare the entries required on December $31$ to record payroll, the collection of rent on December $10$ and adjusting journal entry on December $31.$

Show how any liabilities related to these items should be reported on the company's balance sheet at December $31.$

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Req $1$ and $2$

Req $3$

Prepare the entries required on December $31$ to record payroll, the coliection of rent on December $10$ and adjusting journal entry on December $31.($If no entry is required for a transaction$/$event$,$ select $"$No Journal Entry Required" in the first account field.$)$

question by entering your answers in the tabs below.

Req $1$ and $2$

$Rec{t}_3$

Show how any liabilities related to these items should be reported on the company's balance sheet at December $31.($Do not round intermediate calculations.$)$

$\backslash$table$[[\backslash$table$[[$SANDLER$.$COMPANY$],[$Balance Stioet $($partial$)]],,],[$At December $31,,$e$],[\backslash$table$[[$Current Liabilities$],[$Income Tax Patale$]],,$