Paul Company completed the salary and wage payroll for March 2011. The Payroll provided the following details:

Salary and Wages earned: $200,000

Employee Income Taxes withheld: 40,000

Insurance Premiums withheld: 1,000

FICA payroll taxes*: 15,000

*15,000 each for employer and employee

Required:

1. Give the Journal entry to record the payroll for March, including employee deductions.

2. Give journal entry to record the employer's payroll taxes.

3. Give a combined journal entry to show the payment of amounts owed to governmental agencies.