The following payroll liability accounts are included in the ledger of Sheridan Company on January 1, 2020. FICA Taxes Payable Federal Income Taxes Payable State Income Taxes Payable Federal Unemployment Taxes Payable State Unemployment Taxes Payable Union Dues Payable U.S. Savings Bonds Payable $745 1,185.00 115.00 290.00 1,940.00 845 375 In January, the following transactions occurred. Jan. 10 Sent check for $845 to union treasurer for union dues. 12 Remitted check for $1,930.00 to the Federal Reserve bank for FICA taxes and federal income taxes withheld. 15 Purchased U.S. Savings Bonds for employees by writing check for $375. 17 Paid state income taxes withheld from employees. 20 Paid federal and state unemployment taxes. 31 Completed monthly payroll register, which shows salaries and wages $62,000, FICA taxes withheld $4,743, federal income taxes payable $1,950, state income taxes payable $360, union dues payable $385, United Fund contributions payable $1,905, and net pay $52,657. 31 Prepared payroll checks for the net pay and distributed checks to employees. At January 31, the company also makes the following accrued adjustments pertaining to employee compensation. 1. Employer payroll taxes: FICA taxes 7.65%, federal unemployment taxes 0.8%, and state unemployment taxes 5.4%. 2. Vacation pay: 6% of gross earnings. Date Account Titles and Explanation Debit Credit (To record completion of monthly payroll register.) (To record preparation and distribution of payroll checks to employees.) Journalize the adjustments pertaining to employee compensation at January 31. (Round answers to 2 decimal places, e.g. 15.50. presented in the problem.) No. Date Account Titles and Explanation Debit Credit (To record employee payroll taxes.) 2. (To record vacation pay.)