2 Paul Company completed the salary and wage payroll for the month of March. The payroll provided the following details: 10 points Salaries and wages earned by employees Employee income taxes withheld Employee government insurance premiums withheld FICA payroll taxes* $ 215,000 43,000 3,000 15,900 *Assessed on both employer and employee (i.e., $15,900 each). eBook Required: 1. Prepare the journal entry to record the payroll for March, including employee deductions. Assume employees have been paid, but that Paul has yet to transfer any withholdings to the government. 2. Prepare the journal entry to record the employer's payroll taxes, which have not yet been paid to the government. 3. Provide a combined journal entry to show the payment of all amounts owed to governmental agencies. Hint Print (For all requirements, If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) References View transaction list Journal entry worksheet 2 3 INU JUUTT CHILI Y Tequi cu Record th Accounts payable Cash Compensation expense FICA taxes payable - employees Note: Enter de Date FICA taxes payable - employer Credit March 31 Mc Graw Hill H Journal entry worksheet 1 23 Record the employer's payroll taxes. Note: Enter debits before credits. General Journal Debit Credit Date March 31 Journal entry worksheet 1 2 2 3 3 Record the entry to show the payment of amounts owed to governmental agencies. Note: Enter debits before credits. General Journal Debit Credit Date March 31 Record entry Clear entry View general Journal