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Paul Company completed the salary and wage payroll for the month of March. The payroll...

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Accounting

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Paul Company completed the salary and wage payroll for the month of March. The payroll provided the following details: Salaries and wages Employee income taxes withheld Employee government insurance premiums withheld FICA payroll taxes* earned by employees S 206,000 41,200 4,000 16,900 $16,900 each for employer and employees. Required: 1. Prepare the journal entry to record the payroll for March, including employee deductions. Assume employees have been paid, but that Paul has yet to transfer any withholdings to the government. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Vlew transaction list Journal entry worksheet Record the payroll for March, including employee deductions. Note: Enter debits before credits. Date General Journal Debit Credit March 31 Record entry Clear entry View general journal

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