Question: View Policies Show Attempt History Current Attempt in Progress During the month of March, Blossom Company's employees earned wages of $50,000. Withholdings related to these


View Policies Show Attempt History Current Attempt in Progress During the month of March, Blossom Company's employees earned wages of $50,000. Withholdings related to these wages were $3.825 for FICA $6.000 for federal income tax, $2.500 for state income tax, and $300 for union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred $500 for state unemployment tax (a) ? Your answer is correct. 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 occount titles are automatically indented when amount is entered. Do not indent manually) Debit Credit Date Account Titles and Explanation (b) 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 Debit Credit Mar. 31 eTextbook and Media List of Accounts Attempts: 0 of 3 used Submit Answer Save for Later
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