Showing above how they want it, below is what it says.

Assets

=

Liabilities

+

Stockholders Equity

Retained Earnings

Cash

=

Salaries & Wages Pay.

+

Fed. Inc. Taxes Pay.

+

FICA Taxes Pay.

+

St. Inc. Taxes Pay.

+

Union Dues Pay.

+

State Unemp. Taxes Pay.

+

Common Stock

+

Revenue

-

Expense

-

Dividend

During the month of March, Wild horse Co.s employees earned wages of $82,000. With holdings related to these wages were $6,273 for Social Security (FICA), $9,609 for federal income tax, $3,972 for state income tax, and $513 for union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred $897 for state unemployment tax.

(a)		Prepare a tabular summary to record salaries and wages expense and salaries and wages payable on March 31. Assume that wages earned during March will be paid during April.
(b)		Prepare a tabular summary to record the companys payroll tax expense.

(If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.)

Ourin the marth of Narch, Widhoroe Cos omploeces comed woges of s82.000. wthnold ings relatcd to these waoes ware s.273 for Sodal Security (FICA), $3,00 for federal income tax. 3,972 for ctoe income tax, ard $513 ar union duee. comaan ircurred na cot rebbod to thee eamiro for federal uremolovment tox but Incumed s807 for stote unemaioyment tax and woges payble on Harch 31. AcSume that woges camed during March will be pald during April (aransotie waeas a ceurecse in Ass, Liobiitisn ur stouhlsolarstuity, plae a nagotine aig (ar artsn) in frnt ufthe awount antered fur the particlar Aou Liabiky ur Equity wn was reluu) Liitin Slukhukur Eysity Awih Relained Carnings Salaries &Weoes Pay, +Fed, In xpen Cash Taves Ra FICA Tazes Pay, +St. Inc. Taes Pay, Union Dues Pey, +State Unemn. Teces Pry. Dividend Nar 3