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

Salaries and wages earned by employees	$	208,000
Employee income taxes withheld		41,600
Employee government insurance premiums withheld		3,000
FICA payroll taxes*		15,700

*Assessed on both employer and employee (i.e., $15,700 each).

Required:

1. Prepare the journal entry to record the payroll for March, including employee deductions. Assume employees have been paid, but that Paul has yet to transfer any withholdings to the government.

2. Prepare the journal entry to record the employer's payroll taxes, which have not yet been paid to the government.

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

(For all requirements, If no entry is required for a transaction/event, select "No journal entry required" in the first account field.)

1. Record the payroll for March, including employee deductions.

March 31	General Journal	Debit	Credit

2. Record the employer's payroll taxes.

March 31	General Journal	Debit	Credit

3. Record the entry to show the payments of amounts owed to governmental agencies.

March 31	General Journal	Debit	Credit