Show how any of the liabilities related to these items should be reported on the company's balance sheet at December 31. (Do not round intermediate calculations.) Lakeview Company completed the following two transactions. The aninual accounting period ends Decemben it a. On December 31, calculated the payroll, which indicates gross eamings for wages 15104,000 , paytoll deductions for income tox (\$10.400), payroll deductions for FICA (\$7,800), payroll deductions for American Cancer Society (\$3,900), employer contibution for FiCA (matching), and state and federal unemployment taxes (\$910). Employees were paid in cash, but ps, pitents for the corresponding payroll deductions have not yet been made and employer taxes hove not yet been recorded. b. Collected rent revenue of $6,450 on December 10 for office spoce that Lokeview rented to another butiness The rent colscted Was for 30 days from December 11 to January 10 and was ciedited in full to Deferred fevenue. Required: 1. \& 2. Prepare the joumal entries to record poyroll on December 31, the collection of rent on December 10 and acjusting, journal catity on December 31 . 3. Show how any of the liabilities related to these items should be reported on the company's baiance sheet at Decentibe 31