The following accounts, with the balances indicated, appear in the ledger of Garcon Co. on December 1 of the current year. Account No. Account Name Salaries Payable Social Security Tax Payable Medicare Tax Payable Employees Federal Income Tax Payable Employees State Income Tax Payable State Unemployment Tax Payable Federal Unemployment Tax Payable Bond Deductions Payable Medical Insurance Payable Operations Salaries Expense Officers Salaries Expense Office Salaries Expense Payroll Tax Expense Balance 211 212 213 214 215 216 217 218 219 411 511 512 519 S9,280 2,316 15,405 13,920 1,440 430 $3,200 24,600 940,000 640,000 150,000 136,151 The following transactions relating to payroll, payroll deductions, and payroll taxes occurred during December: On page 10 of the journal: Dec. 2 Issued Check No. 410 for $3,200 to Jay Bank to purchase U.S. savings bonds for employees 2 Issued Check No. 411 to Jay Bank for $27,001 in payment of $9,280 of social security tax, $2,316 of Medicare tax, and $15,405 of employees' federal income tax due 13 Journalized the entry to record the biweekly payroll. A summary of the payroll record follows