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The following payroll liability accounts are included in the ledger of Armitage Company on January 1, 2010. FICA taxes payable $858.33 Federal Income Taxes Payable

The following payroll liability accounts are included in the ledger of Armitage Company on January 1, 2010. FICA taxes payable $858.33 Federal Income Taxes Payable 1,273.57 State Income Taxes Payable 154.10 Federal Unemployment Taxes Payable 382.17 State Unemployment Taxes Payable 2,003.72 Union Dues Payable 903.75 U.S. Savings Bonds Payable 468.07 In January, the following transactions occurred. Jan. 10 Sent check for $903.75 to union treasurer for union dues. 12 Deposited check for $2,131.90 in Federal Reserve bank for FICA taxes and federal income taxes withheld. 15 Purchased U.S. Savings Bonds for employees by writing check for $468.07. 17 Paid state income taxes withheld from employees. 20 Paid federal and state unemployment taxes. 31 Completed monthly payroll register, which shows office salaries $26,800.00, store wages $29,300.00, FICA taxes withheld $4,488.00, federal income taxes payable $2,199.74, state income taxes payable $527.52, union dues payable $411.13, United Fund contributions payable $1,922.49, and net pay $46,551.12. 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. Employer payroll taxes: FICA taxes 8%, federal unemployment taxes 0.8%, and state unemployment taxes 5.4%. Vacation pay: 6% of gross earnings. Journalize the January transactions. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2. Round answers to 2 decimal places, e.g. 10.50.) Then Journalize the adjustments pertaining to employee compensation at January 31. (For multiple debit/credit entries, list amounts from largest to smallest eg 10, 5, 3, 2. Round answers to 2 decimal places, e.g. 10.50.) Stuck on this homework question, if it got answered in 30 minutes or less, you'd be a lifesaver

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