Prepare journal entries to record these transactions and events.

Francisco Company has 10 employees, each of whom earns $2,800 per month and is paid on the last day of each month. All 10 have been employed continuously at this amount since January 1 . On March 1, the following accounts and balances exist in its general ledger. a. FiCA-Social Security Taxes Payable, \$3,472: FICA-Medicare Taxes Payable, $812. The bulances of these accounts represent total liabilitles for both the employer's and employees' FiCA taxes for the February payroll only.) b. Employees' Federal income Taxes Payable, \$7,000 (llability for February only). c. Federal Unemployment Taxes Payable, $336 (ilablity for January and February together): d. State Unemployment Taxes Payable, \$3,024 (liability for January and February together). The company had the following payroll transactions Warch 15 Issued sheck payable to sulft bank, a federal depository bank authorized to accept etployers' paysents of FICA taxes and eaployee Incene tax wtholdings. The $11,284 check is in paytest of the February FICA and erployee incene raxes. Warch 31 kecorded the journal entry for the March salarles payable, Then recorded the cash paysent of the March payroll (the cospany issued checks payable to each enployee in payment of the March parrol1). The payro11 register shows the following suntary totals for the March pay serlod. - FiCA taxes are Social Security and Medicare, respectively. March 31 Recorded the erployer's payrol1 taxes resulting frot the March payrol1. The cospony has a state uneoployment tax pate of 5.40X on the first 57 , ere paid to each encloyee. The federal rate is 0.6as. April 15 Issued check to Sixift bank in paytent of the March IICA and enployet incore quxes. aprid is Issued check to the State Tax Connission far the Janubry, february, and March state unesphoynent taxes. Filed the check and the first-quarter tax. return with the comission. Apesi jo Issued check payable to Swift bank in paytent of the erployer's futh taxes for the first quarter of the year. Aprga 3o flled form 941 with the INS, feporting the F1CA taxes and the enployees" federal incose tax witholdings for the first guarter. Journal entry worksheet