During the month of March, Carla Vista Company's employees earned wages of $80,000. Withholdings related...
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During the month of March, Carla Vista Company's employees earned wages of $ Withholdings related to these wages were $ for FICA, $ for federal income tax, $ for state income tax, and $ for union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred $ for state unemployment tax. a Prepare a tabular summary to record salaries and wages expense and salaries and wages payable on March 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 front of the amount entered for the particular Asset, Liability or Equity item that was reduced. 
During the month of March, Carla Vista Company's employees earned wages of $ Withholdings related to these wages were $ for FICA, $ for federal income tax, $ for state income tax, and $ for union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred $ for state unemployment tax.
a Prepare a tabular summary to record salaries and wages expense and salaries and wages payable on March 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 front of the amount entered for the particular Asset, Liability or Equity item that was reduced.
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