Question: Show Attempt History Current Attempt in Progress Your answer is partially correct. During the month of March, Wildhorse Company's employees earned wages of $ 7

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During the month of March, Wildhorse Company's employees earned wages of $71,000. Withholdings related to these wages were $5,432 for FICA $8,320 for federal income tax, $3,439 for state income tax, and $444 for union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred $777 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 company's payroll tax expense.
Include margin explanations for changes in revenues and expenses.
(If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in frant of the amount entered for the particular Asset, Liability or Equity item that was reduced.)
 Show Attempt History Current Attempt in Progress Your answer is partially

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