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McLoyd Company completed the salaries and wages payroll for March. The payroll provided the following details: Required: 1. Considering both employee and employer payroll taxes,

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McLoyd Company completed the salaries and wages payroll for March. The payroll provided the following details: Required: 1. Considering both employee and employer payroll taxes, use the preceding information to calculate the total labor cost for the company for March 2. \& 3. Prepsite the journal entry to record the payroll for March, including employee deductions (but excluding employer payroll taxes) and record employer's FICA taxes and unemployment taxes Complete this question by entering your answers in the tabs below. Considering both employee and employer payroll taxes, use the procoding information to calculate the total labor cost for the company for March 1. Considering both employee and employer payroll taxes, use the preceding information to calculote the lofal labor cost for the company for March 2. 8. 3. Prepare the joumal entry to record the payroli for March including employee deductions (but excluding employer payroll tares) and record employer's FICA taxes and unemployment taxes Complete this question by entering your answers in the tabs below. Diepare the foumal entry to recold the payroll for March, indusing employee deductions (but exctuding employer payroll taxes) and recerd employer's HiCA taxes and unemployment taxes. (if no entry it requirnd for a transactondevent, aolect No Joumal entiy Hequited in the first account field.) Journal entry worksheet hecerd the payroll for March induding emplovee deductions: salaries and Wages earned, $560,000; Emploven income taxes withheld, 551,800, FiCA taxis witheld, 540,040 , Unemployinent taxes, 13,695 . hifus triber dabes becain modta. 1. Considering both employee and employer payroll taxes, use the preceding information to calculate the total labor cost for the company for March 2. \& 3. Prepare the joumal entry to record the payroll for March, including employee deductions (but excluding employer payroll taxes) and record employer's FICA taxes and unemployment taxes Complete this question by entering your answers in the tabs below. Prepare the journal entry to record the payroll for March, induding employee deductions (but excluding employer payroll taxes) and record employer's FicA taxes and unemployment taxes. (If no entry is required for a transaction/event, select "No loumal Entry, flequired" In the first acoount field.) Journal entry worksheet Record the employer's fiCA taxes and unemployment taxes: Salaries and wages earned, 5560,000 ; Employee income taxee withheld, 551,800; incA taxes withiheld, 340,040; Unemployment taxes, 53,895 . Noter Zneter debita before ireditn

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