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For the year ended December 31, 2022, Sheffield Electrical Repair Company reports the following summary payroll data. Gross earnings: Administrative salaries $218,000 Electricians wages 382,000 Total $600,000 Deductions: FICA taxes $40,537 Federal income taxes withheld 181,500 State income taxes withheld (3%) 18,000 United Fund contributions payable 28,947 Health insurance premiums 18,500 Total $287,484 Sheffields payroll taxes are Social Security tax 6.2%, Medicare tax 1.45%, state unemployment 2.5% (due to a stable employment record), and 0.6% federal unemployment. Gross earnings subject to Social Security taxes of 6.2% total $513,500, and gross earnings subject to unemployment taxes total $166,000. No employee exceeds the $132,900 limit related to FICA taxes. (a) Prepare a summary journal entry at December 31 for the full years payroll. (b) Journalize the adjusting entry at December 31 to record the employers payroll taxes. (Round answers to 0 decimal places, e.g. 125. Credit account titles are automatically indented when amount is entered. Do not indent manually.) No. Account Titles and Explanation Debit Credit (a) enter an account title Salaries and Wages Expense enter a debit amount 218,000 enter a credit amount enter an account title Electricians wages enter a debit amount enter a credit amount enter an account title FICA Taxes Payable enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount (b) enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount enter an account title enter a debit amount enter a credit amount (c) The W-2 Wage and Tax Statement requires the following dollar data. Complete the required data for the following employees. (Round answers to 0 decimal places, e.g. 5,275.) Employee Wages, Tips, Other Compensation Federal Income Tax Withheld State Income Tax Withheld FICA Wages FICA Tax Withheld Maria Sandoval $56,000 $27,440 $enter a dollar amount $enter a dollar amount 56,000 $enter a dollar amount Jennifer Mingenback 24,000 9,360 enter a dollar amount enter a dollar amount 24,000 enter a dollar amount

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