Q1) The following payroll liability accounts are comprised in ledger of Clements Company on January 1, 2008:
|FICA Taxes Payable
|Federal Income Taxes Payable
|State Income Taxes Payable
|Federal Unemployment Taxes Payable
|State Unemployment Taxes Payable
|Union Dues Payable
|Health Insurance Premium Payable
|Christmas Club Savings Payable
In January, following transactions occurred:
||Sent a check for $5,000 to Blue Cross and Blue Shield.
||Deposited a check for $5,750 in Federal Reserve Bank for FICA taxes and federal income taxes withheld.
||Sent a check for $400 to the union treasurer for union dues.
||Paid state income taxes withheld from employees.
||Paid state and federal unemployment taxes.
||Sent a $1,500 check to a Savings and Loan for the Christmas Club withholdings.
Journalize January transactions.