1. Journalize the transactions on pages 10 and 11 of the journal. Scroll down to access pages 11 and 12 of the journal.

The following accounts, with the balances indicated, appear in the ledger of Garcon Co. on December 1 of the current year: The following transactions relating to payroll, payroll deductions, and payroll taxes occurred during December: On page 10 of the journal: Dec. 2 Issued Check No. 410 for $3,400 to Jay Bank to purchase U.S. savings bonds for employees. 2 Issued Check No. 411 to Jay Bank for $27,046 in payment of $9,273 of social security tax, $2,318 of Medicare tax, and $15,455 of employees" federal income tax due. 13 Journalized the entry to record the biweekly payroll. A summary of the payroll record follows: 13 Journalized the entry to record payroll taxes on employees' earnings of December 13: social security tax, \$4,632; Medicare tax, \$1,158; state unemployment tax, \$350; federal unemployment tax,$125. 16 Issued Check No. 424 to Jay Bank for $27,020, in payment of $9,264 of social security tax, $2,316 of Medicare tax, and $15,440 of employees" federal income tax due. 19 Issued Check No. 429 to Sims-Walker Insurance Company for $31,500 in payment of the semiannual premium on the group medical insurance policy. On page 11 of the journal: Dec. 27 Journalized the entry to record the biweekly payroll. A summary of the payroll record follows: 27 Issued Check No. 541 in payment of the net amount of the biweekly payroll. 27 Journalized the entry to record payroll taxes on employees' earnings of December 27: social security tax, $4,668; Medicare tax, $1,167; state unemployment tax, $225; federal unemployment tax, $75. 27 Issued Check No. 543 for $20,884 to State Department of Revenue in payment of employees' state income tax due on December 31. 31 Issued Check No. 545 to Jay Bank for $3,400 to purchase U.S. savings bonds for employees. 31 Paid $45,000 to the employee pension plan. The annual pension cost is $60,000. (Record both the payment and unfunded pension liability.) Required: 1. Journalize the transactions on pages 10 and 11 of the journal. 2. On page 12 of the journal, journalize the following adjusting entries on December 31 : a. Salaries accrued: operations salaries, $8, 560 ; officers salaries, $5,600; office salaries, $1,400. The payroll taxes are immaterial and are not accrued. b. Vacation pay, $15,000. Garcon Co. General Ledger 215 Employees State Income Tax Payable 538 Cash Short and Over 216 State Unemployment Tax Payable 539 Product Warranty Expense 217FederalUnemploymentTaxPayable218BondDeductionsPayable540MiscellaneousExpense710InterestExpense 219 Medical Insurance Payable 220 Interest Payable 221 Notes Payable 226 Vacation Pay Payable 227 Unfunded Pension Liability 228 Product Warranty Payable EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends 2. On page 12 of the joumal, joumalize the following adjusting entries on December 31 : a. Salaries accrued: operations salaries, $8,560; officers salaries, $5,600; office salaries, $1,400. The payroll taxes are immaterial and are not accrued. b. Vacation pay, $15,000 The following accounts, with the balances indicated, appear in the ledger of Garcon Co. on December 1 of the current year: The following transactions relating to payroll, payroll deductions, and payroll taxes occurred during December: On page 10 of the journal: Dec. 2 Issued Check No. 410 for $3,400 to Jay Bank to purchase U.S. savings bonds for employees. 2 Issued Check No. 411 to Jay Bank for $27,046 in payment of $9,273 of social security tax, $2,318 of Medicare tax, and $15,455 of employees" federal income tax due. 13 Journalized the entry to record the biweekly payroll. A summary of the payroll record follows: 13 Journalized the entry to record payroll taxes on employees' earnings of December 13: social security tax, \$4,632; Medicare tax, \$1,158; state unemployment tax, \$350; federal unemployment tax,$125. 16 Issued Check No. 424 to Jay Bank for $27,020, in payment of $9,264 of social security tax, $2,316 of Medicare tax, and $15,440 of employees" federal income tax due. 19 Issued Check No. 429 to Sims-Walker Insurance Company for $31,500 in payment of the semiannual premium on the group medical insurance policy. On page 11 of the journal: Dec. 27 Journalized the entry to record the biweekly payroll. A summary of the payroll record follows: 27 Issued Check No. 541 in payment of the net amount of the biweekly payroll. 27 Journalized the entry to record payroll taxes on employees' earnings of December 27: social security tax, $4,668; Medicare tax, $1,167; state unemployment tax, $225; federal unemployment tax, $75. 27 Issued Check No. 543 for $20,884 to State Department of Revenue in payment of employees' state income tax due on December 31. 31 Issued Check No. 545 to Jay Bank for $3,400 to purchase U.S. savings bonds for employees. 31 Paid $45,000 to the employee pension plan. The annual pension cost is $60,000. (Record both the payment and unfunded pension liability.) Required: 1. Journalize the transactions on pages 10 and 11 of the journal. 2. On page 12 of the journal, journalize the following adjusting entries on December 31 : a. Salaries accrued: operations salaries, $8, 560 ; officers salaries, $5,600; office salaries, $1,400. The payroll taxes are immaterial and are not accrued. b. Vacation pay, $15,000. Garcon Co. General Ledger 215 Employees State Income Tax Payable 538 Cash Short and Over 216 State Unemployment Tax Payable 539 Product Warranty Expense 217FederalUnemploymentTaxPayable218BondDeductionsPayable540MiscellaneousExpense710InterestExpense 219 Medical Insurance Payable 220 Interest Payable 221 Notes Payable 226 Vacation Pay Payable 227 Unfunded Pension Liability 228 Product Warranty Payable EQUITY 310 Common Stock 311 Retained Earnings 312 Dividends 2. On page 12 of the joumal, joumalize the following adjusting entries on December 31 : a. Salaries accrued: operations salaries, $8,560; officers salaries, $5,600; office salaries, $1,400. The payroll taxes are immaterial and are not accrued. b. Vacation pay, $15,000