The following information about the weekly payroll was oblained from the records of Boltz Ca$.$:

Required:

Assuming that the payroll related to the first full week of the year and was pald on January $7,$ joumalze the following entrles:

a$.$ January $7,$ to record the payrol.

b$.$ January $7,$ to record the empioyer's payrow taxes on the payrow for the first week of the year. Since it is a new fiscal year, al $$008,000$ in

saianles is subject to unemployment compensation taxes.

Assuming that the payrow related to the last week of the year and was pald on Decamber $31,$ joumalze the following entrles:

a$.$ December $31,$ to record the payroil

b$.$ December $31,$ to record the employer's payrow taxes on the payrov for the last week of the year. Of the total payroll for the last week of the

year; $$34,000$ is subject to unempioyment compensation taxes.