The following information about the payroll for the week ended December $30$ was obtained from the records of Pharrell Co$.$:

Salaries:

Sales salaries $$350,000$

Warehouse salaries $182,000$

Office salaries $136,000$

$$668,000$

Deductions:

Federal income tax withheld $$117,000$

Social security tax withheld $40,080$

Medicare tax withheld $10,020$

Retirement savings $14,696$

Group insurance $12,024$

$$193,820$

Tax rates assumed:

Social security $6\%$

Medicare $1\mathrm{.}5\%$

State unemployment $($employer only$)5\mathrm{.}4\%$

Federal unemployment $($employerRequired:

$1.$ 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, $$34,000$ 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. only$)0\mathrm{.}6\%$