Question: 3 of 6 < > Current Attempt in Progress -/4 E ! During the month of March, Wildhorse Co's employees earned wages of $82,000. Withholdings

3 of 6 < > Current Attempt in Progress -/4 E ! During the month of March, Wildhorse Co's employees earned wages of $82,000. Withholdings related to these wages were $6,273 for 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 wa (b) Prepare a tabular summary to record the company's 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, Llability or Equity Item that was reduced.) (a) Mar. 31 $ (b) Mar. 31 Assets Cash 11 Salaries & Wages Pay. + Fed. Inc. Taxes Pay. FICA Tax $

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