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The following intormation about the payroll for the woek ended December 30 was obtained from the records of Boltz Co: Required: 1. Assuming that the

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The following intormation about the payroll for the woek ended December 30 was obtained from the records of Boltz Co: Required: 1. Assuming that the payroll for the last weok of the year is to be paid on Docember 31, joumalize the following entries (tefer to the Chart of 1. Assuming that the payroll for the last wook of the yoar is to be paid on December 31 , joumalize the following entries (retor to the Chart of Accounts for exact wording of account tittes): a. December 30, to record the payroll. b. Docember 30, to record the omployer's payroll taxes on the payroll to be pald on December 31. Of the fotal payroll for the fast 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 yoar, foumalize the following ontries (refer to the Chart of Accounts for exact wording of account tities): a. On page 11 of the joumal: December 30 , to record the payroll b. On page 12 of the joumal: January 5 , to record the employer's payroll taxes on the payrolf to be paic on January 5 . Since it is a new fiscal year, all $668,000 in salarios is subject to unemployment compensation taxes. feroll down to access adolitional pages of the joumal 1. Assuming that the payrol for the last woek of the yoar is to be pald on December 31, joumakize the following entrios (rofer to the Chart of Accounts for exact wording of account tides): a. Docember 30 , to rocord the payroll. b. Decomber 30 , to record the employer's payrol taxes on the payrol to be pald on December 31 . Of the total payrol for the last week of the year, $34,000 is subjoct to unemployment compensation taxes. Journal 2. Assuming that the payroll for the last wook of the year is to be paid on January 5 of the following fiscal yoar, fournalize the following entries (refer to the Chart of Accounts for oxact wording of account telios): a. On page 11 of the joumat: December 30 , to record the payroll. b. On page 12 of the joumal: January 5, to record the employer's payrov taxes on the payroll to be paid on January 5. Since it is a new fiscal year, as $668,000 in salaries is subject to unemployment compensation taxos. AXCE it

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