The follawing information aboul the payrol for the week ended December 30 was oblained from the records of Pharrel Co.: Required: 1. Assuming that the payrol far the last wesk of the ysar is to be paid on Decomber 31 , jaurnalize the following entries (rrsfor fo the chart af accounts for the exact wording of the account tivies. CNOWjoumals do not use Anes for joumal explanations. Every ins on a joumai page is used for de oit or creait entres. CNOWjoumbis wV automsticaly indent s credt entry when a credit emount is entered): a. December so, to record the payrov. b. December 30, to recard the empibyer's peynoo taxes on the payrol to be paid an December 31. Or the focal payou for the last week of the year, $31,000 is subject to unemployment compensation taxes 2. Assuming that the payrol far the last week of the year is to be pad on lanuary 5 of the falloning fiscai year, joumalze the following antries (refer to the chart of accounts for the exact woraing of the account tisiss. CNoWjounais do not use Anes for journal explanations. Every ine on a jounal pege is used for debir or credit entries. CNOW jouma/s wh automatically indent a credit entry when a credt amount is enteredi: 8. On page th of the joumat: December 30 , to record the payrov. b. On page 12 af the journai January 5 to record the employer's payroil taxes on the payrol fa be paid on danusy 5 . Because it is a new Aucai year, av salanss are sutbect to unempioyment campensatian taxes. Chart of Accounts CHART OF ACCOUNTS Pharrall C. General Ledger EQUITY 310 Ouner Captal 311 Ouner Drawna Scroll down to access additional pages of the journal. 1. Assuming that the payroll for the last week of the year is to be paid on December 31 , journalize the following entries (refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered): a. December 30 , to record the payroll. b. December 30 , to record the employer's payroll taxes on the payroll to be paid on December 31 . Of the total payroll for the last week of the year, $31,000 is subject to unemployment compensation taxes. 2. Assuming that the payroll for the last week of the year is to be paid on January 5 of the following fiscal year, journalize the following entries (refer to the chart of accounts for the exact wording of the account titles. CNOW journals do not use lines for journal explanations. Every line on a journal page is used for debit or credit entries. CNOW journals will automatically indent a credit entry when a credit amount is entered): a. On page 11 of the journal: December 30 , to record the payroll. b. On page 12 of the journal: January 5 , to record the employer's payroll taxes on the payroll to be paid on January 5 . Because it is a new fiscal year, all salaries are subject to unemployment compensation taxes