The following payroll liability accounts are included in the ledger of Vaughn Company on January 1, 2020.

FICA Taxes Payable$730Federal Income Taxes Payable1,185.00State Income Taxes Payable110.00Federal Unemployment Taxes Payable295.00State Unemployment Taxes Payable1,960.00Union Dues Payable835U.S. Savings Bonds Payable400

In January, the following transactions occurred.

Jan.

10

Sent check for $835 to union treasurer for union dues.12

Remitted check for $1,915.00 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 $400.17

Paid state income taxes withheld from employees.20

Paid federal and state unemployment taxes.31

Completed monthly payroll register, which shows salaries and wages $56,000, FICA taxes withheld $4,284, federal income taxes payable $2,085, state income taxes payable $410, union dues payable $380, United Fund contributions payable $1,830, and net pay $47,011.31

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.

-Journalize the January transactions: (To record completion of monthly payroll register.) and (To record preparation and distribution of payroll checks to employees.).

-Journalize the adjustments pertaining to employee compensation at January 31: (To record employee payroll taxes.) and (To record vacation pay.).