3 Not complete Marked out of 33.33 Fag question Recording Payroll and Payroll Taxes Manchester, Inc., had the following payroll for March Officers salaries $39,000 Sales salaries 65,000 Federal income taxes withheld 21,000 RCA taxes withheld 7.900 Health insurance premiums withheld 2.200 Salaries (included above) subject to federal unemployment taxes 65,000 70,000 eBook Print Salaries (included above) subject to state unemployment taxes Required Prepare journal entries on March 31 to record a. Accrual of the monthly payroll b. Payment of the net payroll c Accrual of employer's payroll taxes. (Assume that the FICA tax matches the amount withheld, the federal unemployment tax is 0.6 percent, and the state unemployerent tax is 5-4 percent d. Payment of all liabilities related to this payroll, (Assume that all are settled at the same time.) Date General Journal Description Debit Credit Mar 31 Sales Salaries Expense 01 polyki 2 payton 18 sure that the HLA tax matches the amount withheld, the federal unemployment tax is 0.6 percent, and the state unemployment taxis Sd percent d. Payment of all liabilities related to this payroll. (Assume that all are settled at the same time) Date General journal Description Debit Credit Mar 31 Sales Salaries Expense FICA Tax Payable 0 Health Insurance Premiums Payable Payroll Payable To record March payroll. bi Mar 31 D 0 To pay net payroll for March Mar31 FICA Tax Payable State Unemployment Tax Payable O # 0 d To record employer's March payroll taxes Mar 31 Federal Income Tax Withholding Payable FICA Tax Payable 0 D # Federal Unemployment Tax Payable State Unemployment Tax Payable To pay liabilities related to March payroll o