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The following information about the payroll for the woek ended Docember 30 was obtained from the fecords of Pharrell Co Required: 1. Assuming that the payroll for the last week of the year is to be paid on December 31 , journakze the following anthes irefer to the chart of accounts for the exact wording of the account titles. CNOW joutnals do not use lines for joumal explanations Every line on a joumal page is used for debit or credit entries. CNOWjoumals will automutically indent a credit entry when a credit amount is entered) a. December 30 , to record the payroll. b. December 30 , to record the employer's payrol taxes on the payroll to be paid on December 31 , Or the todal payroll for the last week or the year, $31,000 is subject to unemployment compensation taxes: 2 Assuming that the payroll for the last woek of the year is to be paid on January 5 of the folowing fiscal year, fournalize the following entries (refer to the chart of accounds for the exact wording of the account thes. CNOW journals do not use lines for journal explanations. Every ine on a joumal page is used tor debit or ciedif entries. CNOW joumals wil autamaticaly indent a credit entry when a credi amount is entered) a On page 11 of the joumal December 30 , to recond the payrall b. On poge 12 of the joumal January 5 , to record the employer's payroll taxes on the payroil to be pad on January 5 . Because at is a new fiscal year, all salanes are subject to unemployment compensation taxes

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