The following accounts, with the balances indicated, appear in the ledger of Garcon Co. on December 1 of the current year: The following transactions relating to payroll, payroll deductions, and payroll taxes occurred during December: On page 10 of the journal: Instructions Dec. 2 Issued Check No. 410 for $3,600 to Jay Bank to purchase U.S. savings bonds for employees. 2 Issued Check No. 411 to Jay Bank for $27,027 in payment of $9,280 of social security tax, $2,312 of Medicare tax, and $15,435 of employees' federal income tax due. 13 Journalized the entry to record the biweekly payroll. A summary of the payroll record follows: 13 Issued Check No. 420 in payment of the net amount of the biweekly payroll. 13 Journalized the entry to record payroll taxes on employees' earnings of December 13: social security tax, \$4,668; Medicare tax, \$1,167; state unemployment tax, \$310; federal unemployment tax, \$115. 16 Issued Check No. 424 to Jay Bank for $27,230, in payment of $9,336 of social security tax, $2,334 of Medicare tax, and $15,560 of employees' federal income tax due. 19 Issued Check No. 429 to Sims-Walker Insurance Company for $41,300 in payment of the semiannual premium on the group medical insurance policy. On page 11 of the journal: Dec. 27 Journalized the entry to record the biweekly payroll. A summary of the payroll record follows: 27 Issued Check No. 541 in payment of the net amount of the biweekly payroll. 27 Journalized the entry to record payroll taxes on employees' earnings of December 27: social security tax, \$4,704; Medicare tax, \$1,176; state unemployment tax, \$200; federal unemployment tax, $80. 27 Issued Check No. 543 for $20,935 to State Department of Revenue in payment of employees' state income tax due on December 31. 31 Issued Check No. 545 to Jay Bank for $3,600 to purchase U.S. savings bonds for employees. 31 Paid $54,000 to the employee pension plan. The annual pension cost is $72,000. (Record both the payment and unfunded pension liability.) Required: 1. Journalize the transactions on pages 10 and 11 of the journal. Refer to the Chart of Accounts for exact wording of account titles. 2. On page 12 of the journal, journalize the following adjusting entries on December 31 (refer to the Chart of Accounts for exact wording of account titles): a. Salaries accrued: operations salaries, $8,620; officers salaries, $5,640; office salaries, $1,440. The payroll taxes are immaterial and are not accrued. b. Vacation bav. $14.600. 1. Journalize the transactions on pages 10 and 11 of the journal. Refer to the Chart of Accounts for exact wording of account titles. Scroll down to access pages 11 and 12 of the journal. Journal 29 2. On page 12 of the journal, journalize the following adjusting entries on December 31 (refer to the Chart of Accounts for exact wording of account titles): a. Salaries accrued: operations salaries, $8,620; officers salaries, $5,640; office salaries, $1,440. The payroll taxes are immaterial and are not accrued. b. Vacation pay, $14,600. The following accounts, with the balances indicated, appear in the ledger of Garcon Co. on December 1 of the current year: The following transactions relating to payroll, payroll deductions, and payroll taxes occurred during December: On page 10 of the journal: Instructions Dec. 2 Issued Check No. 410 for $3,600 to Jay Bank to purchase U.S. savings bonds for employees. 2 Issued Check No. 411 to Jay Bank for $27,027 in payment of $9,280 of social security tax, $2,312 of Medicare tax, and $15,435 of employees' federal income tax due. 13 Journalized the entry to record the biweekly payroll. A summary of the payroll record follows: 13 Issued Check No. 420 in payment of the net amount of the biweekly payroll. 13 Journalized the entry to record payroll taxes on employees' earnings of December 13: social security tax, \$4,668; Medicare tax, \$1,167; state unemployment tax, \$310; federal unemployment tax, \$115. 16 Issued Check No. 424 to Jay Bank for $27,230, in payment of $9,336 of social security tax, $2,334 of Medicare tax, and $15,560 of employees' federal income tax due. 19 Issued Check No. 429 to Sims-Walker Insurance Company for $41,300 in payment of the semiannual premium on the group medical insurance policy. On page 11 of the journal: Dec. 27 Journalized the entry to record the biweekly payroll. A summary of the payroll record follows: 27 Issued Check No. 541 in payment of the net amount of the biweekly payroll. 27 Journalized the entry to record payroll taxes on employees' earnings of December 27: social security tax, \$4,704; Medicare tax, \$1,176; state unemployment tax, \$200; federal unemployment tax, $80. 27 Issued Check No. 543 for $20,935 to State Department of Revenue in payment of employees' state income tax due on December 31. 31 Issued Check No. 545 to Jay Bank for $3,600 to purchase U.S. savings bonds for employees. 31 Paid $54,000 to the employee pension plan. The annual pension cost is $72,000. (Record both the payment and unfunded pension liability.) Required: 1. Journalize the transactions on pages 10 and 11 of the journal. Refer to the Chart of Accounts for exact wording of account titles. 2. On page 12 of the journal, journalize the following adjusting entries on December 31 (refer to the Chart of Accounts for exact wording of account titles): a. Salaries accrued: operations salaries, $8,620; officers salaries, $5,640; office salaries, $1,440. The payroll taxes are immaterial and are not accrued. b. Vacation bav. $14.600. 1. Journalize the transactions on pages 10 and 11 of the journal. Refer to the Chart of Accounts for exact wording of account titles. Scroll down to access pages 11 and 12 of the journal. Journal 29 2. On page 12 of the journal, journalize the following adjusting entries on December 31 (refer to the Chart of Accounts for exact wording of account titles): a. Salaries accrued: operations salaries, $8,620; officers salaries, $5,640; office salaries, $1,440. The payroll taxes are immaterial and are not accrued. b. Vacation pay, $14,600