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Prablem V: Wolfpack Inc., a calendar year-end company,.pays its employces on t month for work performed during the month. Gross salaries for the month of

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Prablem V: Wolfpack Inc., a calendar year-end company,.pays its employces on t month for work performed during the month. Gross salaries for the month of April are $20,000. Wolfpack withholds the following amounts from its employees' paychecks for this pay period: federal income tax of $4,000 state income tax of $2,500 FICA tax of $1,530 . ng are not remitted to the proper tax agencies until the 10th of the following month. Therefore, tax withholdings for April will be remitted on May 10m A. In the journal below, prepare the entry to record salaries paid on April 30. Debit Credit April 30 B. In the journal below, prepare the entry to record the remittance of the tax withholdings on May 10 Debit Credit May 10 C. Accounting Check On scrap paper, post the above two journal entries to their respective t- accounts. Since the taxes has been remitted to the proper tax agencies, do the payable account balances equal zero? Also, if you add up the total cash payments, does this amount agree to the gross salaries for the month? If your answer to both questions is not "yes", please go back and check your calculations and/or entries. D. Along with its portion of the FICA taxes, assume Wolfpack owes federal and state unemployment taxes (FUTA and SUTA) of $200 and $1,000, respectively, related to the April salaries. These taxes will be paid in May. In the journal below, prepare the entry to record these taxes on April 30. Debit Credit April 30

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