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The following information about the payroll for the week ended December 30 was obtained from the records of Saine Co.: 16. Assuming that the payroll

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The following information about the payroll for the week ended December 30 was obtained from the records of Saine Co.: 16. Assuming that the payroll for the last week of the year is to be paid on December 31 , journalize the entry on December 30 , 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, $24,000 subject to unemployment compensation taxes. 2a. Assuming that the payroll for the last week of the year is to be paid on January 4 of the following fiscal year, journ December 30 , to record the payroll. 2b. Assuming that the payroll for the last week of the year is to be paid on January 4 of the following fiscal year, journalize th record the employer's payroll taxes on the payroll to be paid on January 4 . Because it is a new fiscal year, all $476,000 in sala subject to unemployment compensation taxes. 2b. Assuming that the payroll for the last week of the year is to be paid on January 4 of the following fiscal year, journalize the entry record the employer's payroll taxes on the payroll to be paid on January 4. Because it is a new fiscal year, all 5476,000 in salaries is subject to unemployment compensation taxes. Feedback Check my Wurk Gross pay represents total earnings before taxes and other deductions. Net pay, also known as take-home pay, represents how much the employees recelve of gross earnings, after taxes and deductions. Employers are required to pay taxes on employee eafnings

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