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McLoyd Company completed the salaries and wages payroll for March. The payroll provided the following details: Salaries and wages earned Unemployment. taxes Required Employee income

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McLoyd Company completed the salaries and wages payroll for March. The payroll provided the following details: Salaries and wages earned Unemployment. taxes Required Employee income taxes withheld FICA taxes withheld 51,800 40,040 3,895 1. Considering both empioyee and employer payroll taves use the preceding information to calculate the total labor cost for th 2. & 3. Prepare the journat enty to recora the pavroll for Maich including employee deductions (out excluding employer payrol mounts withheid were compny for March taxes) and record emptoyer's FICA taxes and unemotoyment taxes Employees were peid in March but a not yet remitted Complete this question by entering your answers in the tabs below. both eceding information to calcolate the total labor cost for the company for March Journal entry worksheet 12 Record the payroll for March including employee deductions: Salaries and wages earned, $560,000; Employee income taxes withheld, $51,800; FICA taxes withheld, $40,040; Unemployment taxes, $3,895. Note: Enter debits before credits Date eneral Journal Debit Credit March 31 1of 1 iew transaction list Journal entry worksheet Record the employer's FICA taxes and unemployment taxes: Salaries and wages earned, $560,000; Employee income taxes withheld, $51,800; FICA taxes withheld, $40,040; Unemployment taxes, s3,895. Note: Enter debits before credits. Date General Journal Debit Credit March 31

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