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During the month of March, Olinger Companys employees earned wages of $82,500. Withholdings related to these wages were $6,311 for Social Security (FICA), $9,668 for

image text in transcribedimage text in transcribedDuring the month of March, Olinger Companys employees earned wages of $82,500. Withholdings related to these wages were $6,311 for Social Security (FICA), $9,668 for federal income tax, $3,996 for state income tax, and $516 for union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred $902 for state unemployment tax.

Only three row need to be answered, as the problem b shows. Only answer problem b!!! thank you.

Prepare the necessary March 31 journal entry to record salaries and wages expense and salaries and wages payable. Assume that wages earned during March will be paid during April. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Mar. 31 salaries and Wages Expen Debit Credit Mar. 31 Salaries and Wages Expen 825001 FICA Taxes Payable Federal Income Taxes State Income Taxes Pa Union Dues Payable Salaries and Wages Pay 6311 Federal Income 9668 3996 516 62009

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