.. 1- Aramco Company has salaries and wages expenses for the month of April $515,000. Aramco Company deducted $13,300 income tax and $11,050 for health insurance and $20,500 for pension fund. Prepare the journal entry to record the salary and wages expenses assuming that company will pay the salary in 5 of each month. 2- Roger company sold inventory for $20,000 cash All sales are subject to a 16% sales tax. Record this transaction. T 3- Michigan University sells 400 basketball tickets at $8 each, the game will be held next month. Give the entry to record (a) The sale of the season tickets. (6) The revenue recognized by playing the season basketball. . - 1