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NEXT CALON ATOS FULL SCREEN Exercise 10-06 During the month of March, Crane Company's employee earned wages of 652,000. Withholdings related to these wages were
NEXT CALON ATOS FULL SCREEN Exercise 10-06 During the month of March, Crane Company's employee earned wages of 652,000. Withholdings related to these wages were $3.978 for FICA, 50,240 for federal income tax, $2,600 for state income tax, and $312 for union dues. The company incurred no con related to these caring for federal unemployment tax but incurred $520 for state unemployment tax Prepare the necesay March 1 Journal entry to record salaries and wages expense and sales and wages payable. Assume that wages earned during March will be paid during April (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Dett Date Ant Titles and Explanation Mar 31 Prepare the entry to record the company's payroll tax expense. (Credit account titles are automatically indented when amount is entered. Do not indont way Date Account Titten and Explanation Credit Har 31
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