LI he tollowing intormation applies to the questions alsplayed below.J

Nat Crossman owns Appalachian Limited Home Design in Versailles, Kentucky. Checks will be issued on March $15,2023.$ Use the wage$-$bracket method in the federal tax table in Appendix C$.$ Assume $5$ percent state income tax, and the same deductions for federal tax apply to the state. No employee has exceeded the Social Security wage base. Assume all employees submitted a $2023$ Form W$-4$ and no box was checked in Step $2.$ For employees with M$/$S $($Married filing separately$),$ use the single rate. Total, prove, and rule the entries.

Note: Round your intermediate calculations and final answers to $2$ decimal places.

Required:

Using the employer payroll entry from Problem $7-4$B$,$ post the employer's share of payroll taxes for the March $10$ pay period at Appalachian Limited Home Design to the appropriate General Ledger accounts. Employees are paid weekly. Assume a $5\mathrm{.}4$ percent SUTA rate and $0\mathrm{.}6$ percent FUTA rate, and assume that only $$954\mathrm{.}05$ of the gross pay is subject to SUTA and FUTA taxes.

Note: FUTA and SUTA taxes are only employer share.

$\backslash$table$[[$Account: Payroll Taxes Expense$],[$Date$,\backslash$table$[[$Post$],[$Reference$]],$Debit,Credit,Balance$],[$March $10,,,,],[$Account: Social Security Tax Payable$],[$Date$,\backslash$table$[[$Post$],[$Reference$]],$Debit,Credit,Balance$],[$March $10,$J $1,,,],[$March $10,$J $1,,,],[$Account: Medicare Tax Payable$],[$Date$,\backslash$table$[[$Post$],[$Reference$]],$Debit,Credit,Balance$],[$March $10,$J $1,,,],[$March $10,$J $1,,,]]$

$\backslash$table$[[$Account: Federal Unemployment Tax Payable$],[$Date$,\backslash$table$[[$Post$],[$Reference$]],$Debit,Credit,Balance$],[$March $10,,,,]]$

$\backslash$table$[[$Account: State Unemployment Tax Payable,$],[$Date$,\backslash$table$[[$Post$],[$Reference$]],$Debit,Credit,Balance$],[$March $10,,,]]$