Golfwang Company provides medical care and insurance benefits to its retirees. In the current year, Golfwang agrees to pay $29,500 for medical insurance and contribute an additional $9,600 to a retirement program. Record the entry for these accrued (but unpaid) benefits on December 31. View transaction list Journal entry worksheet Record the costs of employee benefits. Note: Enter debits before credits. December 31 Born x Raised Company has 10 employees, each of whom earns $2,100 per month and has been employed since January 1. FICA Social Security taxes are 6.2% of the first $137700 paid to each employee, and FICA Medicare taxes are 1.45% of gross pay. FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to each employee. Prepare the March 31 journal entry to record the March payroll taxes expense. Note: Round your answers to 2 decimal places. View transaction list Journal entry worksheet Record employer payroll tax expense. Note: Enter debits before credits. March 31