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During the month of February, Whispering Winds Corp's employees earned wages of $9.200,094,000. Withholdings related to these wares were $703,807,191 for FICA. $17.750 for federal

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During the month of February, Whispering Winds Corp's employees earned wages of $9.200,094,000. Withholdings related to these wares were $703,807,191 for FICA. $17.750 for federal income tax, and $4,750 for state income tax. Costs incurred for unemployment taxes were $275 for federal and $400 for state. Prepare the February 28 journal entries for (a) Salaries and wages expense and salaries and wages payable assuming that all February wages will be paid in March. (b) The company's payroll tax expense. No. Date Account Titles and Explanation Debit Credit (a) Feb. 28 (b) Feb. 28 Current Attempt In Progress Sage Hill Inc, Issues a $540,000, 10%, 10-year mortgage note on December 31, 2022, to obtain financing for a new building. The terms provide for annual installment payments of $87,883, oport Prepare the entry to record the mortgage loan on December 31, 2022, and the first installment payment on December 31, 2023. (Credit account titles are automatically Indented when amount is entered. Do not Indent manually) Date Account Titles and Explanation Debit Credit Dec 31, 2022 Dec 31, 2023 e Textbook and Media List of Accounts

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