The following accounts, with the balances indicated, appear in the ledger of Yosemite Outdoor Equipment Company on December 1 of the current year:

The following transactions relating to payroll, payroll deductions, and payroll taxes occurred during December:
Dec. 1. Issued Check No. 728 to Pico Insurance Company for $2,400, in payment of the semiannual premium on the group medical insurance policy.
2. Issued Check No. 729 to First National Bank for $16,993, in payment for $5,888 of social security tax, $1,550 of Medicare tax, and $9,555 of employees' federal income tax due.
3. Issued Check No. 730 for $2,000 to First National Bank to purchase U.S. savings bonds for employees.
14. Journalized the entry to record the biweekly payroll. A summary of the payroll record follows:

Dec. 14. Issued Check No. 738 in payment of the net amount of the biweekly payroll.
14. Journalized the entry to record payroll taxes on employees' earnings of December 14: social security tax, $2,827; Medicare tax, $771; state unemployment tax, $250; federal unemployment tax, $55.
17. Issued Check No. 744 to First National Bank for $16,345, in payment for $5,654 of social security tax, $1,542 of Medicare tax, and $9,149 of employees' federal income tax due.
28. Journalized the entry to record the biweekly payroll. A summary of the payroll record follows:

28. Issued Check No. 782 for the net amount of the biweekly payroll.
28. Journalized the entry to record payroll taxes on employees' earnings of December 28: social security tax, $2,808; Medicare tax, $780; state unemployment tax, $120; federal unemployment tax, $30.
30. Issued Check No. 791 for $13,950 to First National Bank, in payment of employees' state income tax due on December 31.
30. Issued Check No. 792 to First National Bank for $2,000 to purchase U.S. savings bonds for employees.
31. Paid $55,700 to the employee pension plan. The annual pension cost is $65,000.
(Record both the payment and the unfunded pension liability.)

Instructions
1. Journalize the transactions.
2. Journalize the following adjusting entries on December 31:
a. Salaries accrued: sales salaries, $3,150; officer's salaries, $1,500; office salaries, $550. The payroll taxes are immaterial and are not accrued.
b. Vacation pay,$13,200.

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211 Salaries Payable 212 Social Security Tax Payable 213 Medicare Tax Payable 214 Employees Federal Income Tax Payable 215 Employees State Income Tax Payable 216 State Unemployment Tax Payable 217 Federal Unemployment Tax Payable 218 Bond Deductions Payable 2,000 2,400 685,900 326,400 124,000 88,858 $5,888 219 Medical Insurance Payable 1,550 611 Sales Salaries Expense 9,555 9,297 712 Office Salaries Expense 1,000 719 Payroll Tax Expense 711 Officers Salaries Expense 280 Salary distribution: Sales Officers Office 531,000 14,800 5,600 $51,400 Deductions: 2,827 Social security tax Medicare tax Federal income tax withheld State income tax withheld Savings bond deductions Medical i 9,149 2,313 1,000 400 16,460 534,940 nsurance deductions Net amount Salary distribution: Sales Officers Office $31,500 15,000 5,500 $52,000 Deductions: Social security tax Medicare tax Federal income tax withheld State income tax withheld Savings bond deductions 2,808 780 9,256 2,340 1,000 16,184 35,816 Net amount