0 if alll 91 % 9:56 AM 15 Bink's weekly payroll of $35,000 entirely subject to F.C.A, and Medicare (7.65%), federal (0.8%) and state (4%) unemployment taxes, with income tax withholding of 1,420 and union dues of $99 deducted. Journal entry to record salaries and wages paid. 17 Bink's purchased a patent for $25,000. 18 Purchased merchandise form Boden Company for $8,000 under credit terms of 1/15, n/30, FOB shipping point, invoice dated July 18. 19. Received $6,500 in advance merchandise to take place on August 10. 2 Paid $100 gas and oil for the month 21 Sold merchandise that cost $4,900 to Creek Co. for $7,300 under credit terms of 2/10, n/60 FOB shipping point, Invoice dated July 31, subject to a 9% sales tax. Received a $350 credit memorandum form Boden Co. for the retum of part of the merchandise purchased on October 18. 25. 27 Received the balance due from Creek Co. for the invoice dated October 7, net of the Discount 3. Paid part-time receptionist for two weeks 'salary, $2,000. 31- Bink's weekly payroll of $35,000 entirely subject to F.l.C.A and Medicare (7.65%), federal (0.896) and state (4%) unemployment taxes. Journal entry to record employer payroll taxes. Each partner withdrew S1,800 cash for personal use The chart of accounts from, Blink,s Partnership Company contains the following No. 101 Cash, No. 112 Accounts Receivable, No. 125 Merchandise Inventory, No. 128 Cleaning Supplies, No. 130 Prepaid Insurance, No. 157 Fquipment, No. 158 patent, No. 158 Accumulated Depreciation Equipment, No. 20 Accounts Payable, No. 212 Salaries Payable, No. 213 Unearned Revenue, No. 214 Notes Payable, No. 215 Sales Tax Payable, No. 30 Joe Blink Capital, No. 302, Joe Blink Drawing, No. 303 Paul Capital, No. 304, Paul Drawing, No. 350 Income Summary, No. 400 Sales, No. 410 Sales Discount, No. 415 Sales return & Allowances, No. 622 Cost of Good Sold, No. 633 Gas & Oil Expense, No. 634 Cleaning Supplies Fxpense, No. 711 Depreciation Expense, No. 722 Insurance Expense, No. 726 Salaries Expense, No. 727 Interest Expense Instructions: Required: 1. Jounalize each transaction in a two-column journal. 2. Post the joumal to a ledger. 4. Prepare an unadjusted trial balance. DATE DESCRIPTION PR. DEBIT CREDIT 12 13 25 27 28 32 37 GENERAL JOURNAL PAGE 2 DATE DESCRIPTION PR. DEBIT CREDIT 12 13 16 17 19 23 23 28 0 if alll 91 % 9:56 AM 15 Bink's weekly payroll of $35,000 entirely subject to F.C.A, and Medicare (7.65%), federal (0.8%) and state (4%) unemployment taxes, with income tax withholding of 1,420 and union dues of $99 deducted. Journal entry to record salaries and wages paid. 17 Bink's purchased a patent for $25,000. 18 Purchased merchandise form Boden Company for $8,000 under credit terms of 1/15, n/30, FOB shipping point, invoice dated July 18. 19. Received $6,500 in advance merchandise to take place on August 10. 2 Paid $100 gas and oil for the month 21 Sold merchandise that cost $4,900 to Creek Co. for $7,300 under credit terms of 2/10, n/60 FOB shipping point, Invoice dated July 31, subject to a 9% sales tax. Received a $350 credit memorandum form Boden Co. for the retum of part of the merchandise purchased on October 18. 25. 27 Received the balance due from Creek Co. for the invoice dated October 7, net of the Discount 3. Paid part-time receptionist for two weeks 'salary, $2,000. 31- Bink's weekly payroll of $35,000 entirely subject to F.l.C.A and Medicare (7.65%), federal (0.896) and state (4%) unemployment taxes. Journal entry to record employer payroll taxes. Each partner withdrew S1,800 cash for personal use The chart of accounts from, Blink,s Partnership Company contains the following No. 101 Cash, No. 112 Accounts Receivable, No. 125 Merchandise Inventory, No. 128 Cleaning Supplies, No. 130 Prepaid Insurance, No. 157 Fquipment, No. 158 patent, No. 158 Accumulated Depreciation Equipment, No. 20 Accounts Payable, No. 212 Salaries Payable, No. 213 Unearned Revenue, No. 214 Notes Payable, No. 215 Sales Tax Payable, No. 30 Joe Blink Capital, No. 302, Joe Blink Drawing, No. 303 Paul Capital, No. 304, Paul Drawing, No. 350 Income Summary, No. 400 Sales, No. 410 Sales Discount, No. 415 Sales return & Allowances, No. 622 Cost of Good Sold, No. 633 Gas & Oil Expense, No. 634 Cleaning Supplies Fxpense, No. 711 Depreciation Expense, No. 722 Insurance Expense, No. 726 Salaries Expense, No. 727 Interest Expense Instructions: Required: 1. Jounalize each transaction in a two-column journal. 2. Post the joumal to a ledger. 4. Prepare an unadjusted trial balance. DATE DESCRIPTION PR. DEBIT CREDIT 12 13 25 27 28 32 37 GENERAL JOURNAL PAGE 2 DATE DESCRIPTION PR. DEBIT CREDIT 12 13 16 17 19 23 23 28