newconnect.mineducation.CUIT/ITUW/LUMetli Chapter 9 Required HW @ Saved Merger Co. has 10 employees, each of whom earns $1,450 per month and has been employed since January 1 FICA Social Security taxes are 6.2% of the first $128.400 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 0.9 points Prepare the March 31 journal entry to record the March payroll taxes expenses. (Round your answers to 2 decimal places.) eBook View transaction list Hint Print Journal entry worksheet References Record employer payroll taxes. Note: Enter debits before credits. General Journal Debit Credit Date Mar 31 Graw HRIN Education