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Prepare the journal entry to record the employers fica

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Reference no: EM13987486

The following data were provided by the detailed payroll records of Mountain Corporation for the month of March 2011:

Wages .................$35,000
Income Taxes Withheld ..........$7,350
Union dues ..............$175
FICA taxes at a 7.65% rate (no employee has reached the maximum)

Requirements:

a) Prepare the journal entry to record the payroll and the related employee deductions. 
b) Prepare the journal entry to record the employers FICA payroll tax expense.

Reference no: EM13987486

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