During the month of February. Bridgeport Corp's employees earned wages of $66,000. Withholdings related to...
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Accounting
During the month of February. Bridgeport Corp's employees earned wages of $66,000. Withholdings related to these wages were $5,049 for FICA, $8,520 for federal income tax, and $2,280 for state income tax. Costs incurred for unemployment taxes were $132 for federal and $192 for state. Prepare the February 28 journal entries for: (a) Salaries and wages expense and salaries and wages payable assuming that all February wages will be paid in March. (b) The compary's payroll tax experse. (List all debit entries before credit entries. Credit account titles are outomatically indented when the amount is entered. Do not indent monually. If no entry is required, select "No Entry" for the occount titles and enter O for the amounts.)

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