OBJ. 2, 3 PR 10-2A Entrles for payroll and payroll taxes The following information about the payroll for the week ended December 30 was ob tained from the records of Qualitech Co. Salaries Sales salaries Warehouse salaries Office salaries Income tax withheld 118,800 40,500 10,125 14,850 12,150 $196,425 80,000 Social security tax withheld 145,000 Medicare tax withheld 5675000 US. savings bonds Group insurance Tax rates assumed Social security, 696 Medicare, 1.5% State unemployment (employer only), 5.4% Federal unemployment(employer only), 0.8% Instructions 1. Assuming that the payroll for the last week of the year is to be paid on December 1, journalize the following entries: a. December 30, to record the payroll. b. December 30, to record the employer's payroll taxes on the payroll to be paid on December 31, Of the total payroll for the last week of the year, 35,000 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 year, journalize the following entries: a. December 30, to record the payroll. b. January 5, to record the employer's payroll taxes on the payroll to be paid on January 5. Because it is a new fiscal year, all $675,000 in salaries is subject to unemployment compensation taxes