Prepare the entry to record the company's payroll tax expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Mar 31 Textbook and Media List of Accounts Debit Credit
Prepare the entry to record the company's payroll tax expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually) Date Account Titles and Explanation Mar 31 Textbook and Media List of Accounts Debit Credit
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Subject: accounting

Transcribed Image Text:Prepare the entry to record the company's payroll tax expense. (Credit account titles are automatically indented when amount is
entered. Do not indent manually)
Date Account Titles and Explanation
Mar. 31
Textbook and Media
List of Accounts
Debit
Credit

Transcribed Image Text:Current Attempt in Progress
During the month of March, Pharoah Company's employees earned wages of $60,000. Withholdings related to these wages were
$4,590 for FICA $7.200 for federal income tax, $3,000 for state income tax and $350 for union dues. The company incurred no cost
related to these earnings for federal unemployment tax but incurred $600 for state unemployment tax
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 pakt during April (Credit account tities are automatically indented when amount is entered. Do not
indent manually)
Date Account Titles and Explanation
Mar 31
Debit
Credit
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