Stadium Manufacturing has the following data available for its September 30, 2019, payroll:

Wages earned	$246,000	*
Federal income taxes withheld	62,200

* All subject to Social Security and Medicare matching and withholding of 6.2% and 1.45%, respectively.

Federal unemployment taxes of 0.80% and state unemployment taxes of 1.20% are payable on $231,000 of the wages earned. Paychecks wont be written until Oct 5.

1.Prepare the Sept 30 journal entry for wages and withholdings .

2. Prepare the Sept 30 journal entry for payroll taxes.

Ellsworth Enterprises borrowed $425,000 on an 8%, interest-bearing note on September 30, 2020. Ellsworth ends its fiscal year on December 31. The note was paid with interest on May 31, 2021.

1.Prepare the entry for this note on September 30, 2020.

2. Prepare the adjusting entry for this note on December 31, 2020.

3. Prepare the entry to record the repayment of the note on May 31, 2021.