Chapter 10 - Liabilities Seved 5 McLoyd Company completed the salaries and wages payroll for March. The payroll provided the following details: 125 Doints Salaries and wages earned Employee income taxes withheld FICA taxes withhold Unemployment taxes $400,000 37,000 28, 600 2,780 eBook Required: 1. Considering both employee and employer payroll taxes, use the preceding Information to calculate the total labor cost for the company for March 2. & 3. Prepare the journal entry to record the payroll for March, including employee deductions (but excluding employer payroll taxes and record employer's FICA taxes and unemployment taxes. Hint Print Complete this question by entering your answers in the tabs below. References Req1 Reg 2 and 3 Considering both employee and employer payroll taxes, use the preceding Information to calculate the total labor cost for the company for March Total Labor Cost Re: Roq 2 and 3 Chapter 10 - Liabilities 6 Swed 5 Complete this question by entering your answers in the tabs below. Reg 1 Reg 2 and 3 12.5 points Prepare the journal entry to record the payroll for March, including employee deductions (but excluding employer payroll taxes) and record employer's FICA taxes and unemployment taxes. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) Book View transaction ist Hint Journal entry worksheet Print Record the payroll for March including employee deductions: Salaries and wages earned, $400,000; Employee incone taxes withheld, $37,000; FICA taxes withheld, $28,600; Unemployment taxes, $2,780. References Note: Enter debits before credits General Journal Debit Credit Date March 31 Record entry Clear entry View general Journal (Mc Graw HHI Chapter 10 - Ulabilities Seved 5 Complete this question by entering your answers in the tabs below. Rea 1 Reg 2 and 3 12.5 points Prepare the journal entry to record the payroll for March, including employee deductions (but excluding employer payroll taxes) and record employer's FICA taxes and unemployment taxes. (If no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) eBook View transaction list Hint Journal entry worksheet 41