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PB10-3 Recording and Reporting Current Liabilties [LO 10-2 Sandler Company completed the following two transactions. The annual accounting period ends December 31. a. On December 31, calculated the payroll, which indicates gross earnings for wages ($390,000), payrol deductions for income tax ($41,000), payroll deductions for FICA ($33,000), payroll deductions for United Way ($5,300), employer contributions for FICA (matching) and state and federal taxes ($3,300). Employees were paid in cash, but payments for the corresponding pa oductions have not been made and employer taxes have not yet been recorded. b. Collected rent revenue of $1,890 on December 10 for office space that Sa ren to another in full to business. The rent collected was for 30 days from December 11 to January 10 and was c Unearned Revenue. Required: 1. & 2. Complete the required journal entries for the above transactions as shown below (i) Prepare the entries required on December 31 to record payroll. (i) Prepare the journal entry for the collection of rent on December 10. (ii) Prepare the adjusting journal entry on December 31 (If no entry is required for a transaction/event, select "No Journal Entry Required" in the first account field.) View transaction list Journal entry worksheet 2 4 Record the wages expense, including payroll deductions Note: Enter debits before credits Date General Journal Debit Credit December 31

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