Required: 1. Compute the estimated premiums. 2. Record in general journal form payment of the estimated premium on January 15,201. and wages of $303,320 to its shop employees. Compute the actual premium for the year and the balance due the insurance company or the credit due the firm 4. Prepare the general journal entry on December 31, 20X1, to adjust the Workers' Compensation Insurance Expense account Analyze: If all wages were attributable to shop employees, what premium estimate would have been calculated and recorded on January 15 , 201? Complete this question by entering your answers in the tabs below. If all wages were attributable to shop employees, what premium estimate would have been calculated and recorded on January 15,201 ? Required: 1. Compute the estimated premiums. 2. Record in general journal form payment of the estimated premium on January 15,201. and wages of $303,320 to its shop employees. Compute the actual premium for the year and the balance due the insurance company or the credit due the firm 4. Prepare the general journal entry on December 31, 20X1, to adjust the Workers' Compensation Insurance Expense account Analyze: If all wages were attributable to shop employees, what premium estimate would have been calculated and recorded on January 15 , 201? Complete this question by entering your answers in the tabs below. If all wages were attributable to shop employees, what premium estimate would have been calculated and recorded on January 15,201