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Do It! Review 10-1b During the month of February, Pharoah Corporation's employees earned wages of $73,800. Withholdings related to these wages were $5,646 for Social

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Do It! Review 10-1b During the month of February, Pharoah Corporation's employees earned wages of $73,800. Withholdings related to these wages were $5,646 for Social Security (FICA), $7,080 for federal income tax, and $1,900 for state income tax. Costs incurred for unemployment taxes were $110 for federal and $170 for state Prepare the February 28 journal entry for salaries and wages expense and salaries and wages payable assuming that all February wages will be paid in March. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Tides and Explasation Debit Credit Feb. 28 To record February 28 payroll) Prepare the February 28 journal entry for the company's payroll tax expense. (Credit account titles are automatically indented when the amount is entered. Do not indent manually.) Date Account Tidles and Explanation Debit Credit Feb. 28 To record employer's payroll taxes) LIST OF ACCOUNTS Question Attempts: O of 3 used

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