Exercise 10-5 (Part Level Submission) During the month of March, Pharoah Company's employees earned wages of $66,000. Withholdings related to these wages were 15.04 $7,734 for federal income tax, $3,197 for state income tax, and $413 for union dues. The company incurred no cost related to these sa unemployment tax but incurred $722 for state unemployment tax. (a) Your answer is correct, Prepare the necessary March 31 journal entry to record salaries and wages expense and salaries and wages payable. Assume that wages earned during March paid during April (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Tities and Explanation Debit Credit Ma s alaries and Wages Expense 66000 FICA Tes Payable Income Taxes Payable Income Taxes Payable and wages Payable 49607 (b) Prepare the entry to record the company's payroll tax expense. (Credit account titles are automatically manually.) Debit Credit Date Account Titles and Explanation Mar. 31