CALCULATOR FULL SCREEN PRINTER VERSION BACK NEXT Exercise 10-06 During the month of March, Wildhorse Co.'s employees earned wages of $94,000. Withholdings related to these wages were $7,191 for FICA, $11,280 for federal income tax, $4,700 for state income tax, and $564 for union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred $940 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 pald 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 SHOW LIST OF ACCOUNTS LINK TO TEXT LINK TO VIDEO

Exercise 10-06 During the month of March, Wildhorse Co.'s employees earned wages of $94,000. Withholdings related to these wages were $7,191 for FICA, $11,280 for federal income tax, $4,700 for state income tax, and 3564 for union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred 5940 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 paid during April (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Tities and Explanation Debit Credit Mar. 33 SHOW LIST OF ACCOUNTS LINK TO TEXT UN TO VIDEO