00 8 QS 9-10 (Algo) Recording employer payroll taxes LO P3 56 eblock Merger Company has 10 employees, each of whom earns $1,400 per month and has been employed since January 1 FICA Social Security taxes are 62% of the first $137700 paid to each employee, and FICA Medicare taxes arg 1.45% of gross pay FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to each employee Prepare the March 31 journal entry to record the March payroll taxes expense (Round your answers to 2 decimal places.) View action Journal entry worksheet < Record employer payroll tax expense Hate Enter debts before dis Date General Journal Debit Credit March 31 Payrol taxes expense FICA-Medicare taxes payable FICA-Social security taxes payable Federal unemployment taxes payable State unemployment taxes payable Check my work