10&12 please

S ft Arn Ctri XERCISES C.S.Lews C 201T 1,201T 9. Sonoma Company has the following selected accounts after posting adjusting entries Accounts Payable Notes Payable, 3-month Accumulated DepreciationEquipment Notes Payable. 5-year, 6% Payroll Tax Expense Interest Payable 62,000 40,000 14,000 80,000 4,000 31,2017 Pr .2018 Pa 1.2018 Po 3,000 pare yournal Mortgage Payable Sales Taxes Payable 120,000 38,000 1-2 On June 0,000, 8% n Instructions Prepare the curren the mortgage is payable next year 10. On December 1, Cypress Grove Company introduces a new product that includes a one-year warranty on nt liability section of Sonoma Company's balance sheet, assuming $16,000 of Ercnare Prepan becn parts. In December, 500 units are sold. Management believes that 5% of the units and that the average warranty costs will be $60 per unit. Prepare the adjusting E11-3 L will be defective entry at December 31 to accrue the estimated warranty cost. 1. Po The 2. W or work eriod, Maddy works 47 hours. Maddy's federal eductions. Compute Maddy Peters's Maddy Peters's regular hourly wage rate is $14, and she receives an hourly rate of $21 f Ins Pr rs. During a March pay p in excess of 40 hou income tax withholding is $80, and she has no voluntary d gross earnings and net pay for the pay period. 12. Old Hampton Company is preparing adjusting entries at December 31. An analysis reveals the following 1. During December, Old Hampton Company sold 3,000 units of a product that carries a 60- day warranty. The sales for this product totaled $100,000. The company expects 4% of the units to need repair under the warranty and it estimates that the average repair cost per unit will be $15. 2. The company has been sued by a disgruntled employee. Legal counsel believes that it is reasonably possible that the company will have to pay $200,000 in damages. 3. The company has been named as one of several defendants in a $400,000 damage suit. Legal counsel believes it is unlikely that the company will have to pay any damages 4. Employees earn vacation pay at a rate of 1 day per month. During December, ten employees qualify for vacation pay. Their average daily wage is $90 per employee. Instructions Prepare adjusting entries, if required, for each of the four items