During the month of March, Pharoah Company’s employees earned wages of $66,000. Withholdings rel
During the month of March, Pharoah Company's employees earned wages of $66,000. Withholdings related to these wages were $5,049 for Social Security (ICAL $7,734 for federal income tax, 53,197 for state income tax, and $413 for union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred $722 for state unemployment tax. Pre the necessary March 31 journal entry to record salaries and wages expense and salaries and wages payable. Assume that wages earned during March c countries are automatically indented when amount is entered. Do not indent manually.) A D i es and Explanation Debit Credit

