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View Policies Current Attempt in Progress During the month of March, Wildhorse Co's employees earned wages of $70,000. Withholdings related to these wages were $5,355

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View Policies Current Attempt in Progress During the month of March, Wildhorse Co's employees earned wages of $70,000. Withholdings related to these wages were $5,355 for FICA 58.400 for federal income tax. $3,500 for state income tax, and $420 for union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred $700 for state unemployment tax During the month of March, Wildhorse Cors employees earned wages of $70.000, Withholdings related to these wages were $5,355 for FICA $8.400 for federal income tax. $3,500 for state income tax, and $40 for union dues. The company incurred no costrelated to these earnings for federal unemployment tax butincurred 5700 for state unemployment tax fa Prepare the necessary March 31 journal entry to record salaries and wages expense and salaries and wages payable Assume that wages earned during March will be paid during April (Credit account titles are automatically indented when amount is entered Do not indent manually) Date Account Titles and Explanation Debit Credit Mar. 31

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