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Salaries and wages e Employee income taxes wwhheld Employee govemment insurance premiums withheld FICA payroll taxes arned by emplayees S 216,000 43,000 1,000 6,400 316,400

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Salaries and wages e Employee income taxes wwhheld Employee govemment insurance premiums withheld FICA payroll taxes arned by emplayees S 216,000 43,000 1,000 6,400 316,400 each tor empoyer snd employees. Required: 1. Prepare the joumal 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 govemment. (lf no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet Record the payroll for March, including employee deductions. Note: Enter debits before credits. ate March Record entry View general journal Clear entry 2. Prepare the joumal entry to record the employers payrol taxes, which have not yet been paid to the government. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list ournal entry worksheet Record the employer's payroll taxes. Note: Enter debits before credits. March

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