rancisco Company has 10 employees, each of whom earns $3,000 per month and is paid on the last day of each month. All 10 have veen employed continuously at this amount since January 1 . On March 1, the following accounts and balances exist in its general edger. a. FICA-Social Security Taxes Payable, \$3,720; FICA-Medicare Taxes Payable, $870. (The balances of these accounts represent total liablities for both the employer's and employees' FICA taxes for the February payroll only.) b. Employees' Federal Income Taxes Payable, \$7,500 (liability for February only) c. Federal Unemployment Taxes Payable, $360 (liability for January and February together). d. State Unemployment Taxes Payable, $3,240 (ilability for January and February together). The company had the following payroll transactions. Iarch 15 Issued check payable to Swift Bank, a federal depository bank authorized to accept enployers' paynents of FICA taxes and employee income tax withholdings. The \$12,e9e check is in paysent of the February FICA and caployee incone taxes. Uarch 31 Recorded the journal entry for the March salaries payable. Then recorded the cash payment of the March payroll (the company issued checks payable to each employee in payent of the March payroli). The payroli register show the following suenary totals for the March pay period. - FICA taxes are Social Security and Medicare, respectively. March 31 Recorded the enployer's payroll taxes resulting fron the March payroll, The conpany has a state unemployment tax rate of 5.405 on the first $7,000 paid to each enployee. The federal rate is 8.60 . April 15 Issued check to Swift Bank in paybent of the March FICA and enployee incone taxes. April is issued check to the State Tax Cosmission for the January. February, and March state uneaployment taxes. Filed April 30 the check and the first-guarter tax return with the conoission. Aoril 30 Filed Form 941 wable to Suift Bank in paynent of the enployer's furA taxes for the first quarter of the year. Journal entry worksheet 5678 Record the cash payment of FICA (employees' and employer's) and employee income taxes of the month of February. Note: Enter debits before credits