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11 neque momenon The following information applies to the questions displayed below Riverside Company completed the following two transactions. The annual accounting period ends December

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11 neque momenon The following information applies to the questions displayed below Riverside Company completed the following two transactions. The annual accounting period ends December 31 Part 2 of 2 a on December 31, calculated the payroll, which indicates gross earnings for wages ($25,000), payroll deductions for income tax (324500), payroll deductions for FICA ($27000), payroll deductions for United Way (55400), employer contributions for FCA Imatching and State and federal unemployment taxes ($3,0001 Employees were paid in cash but these payments and the corresponding payroll deductions and employer taxes have not yet been recorded Collected rent revenue of $5.040 on December 10 for office space that Riverside rented to another business The rent collected was for 30 days from December 1 to January 10 and was credited in fulto Deferred Revenue 3. Show how any liabilities related to these tems should be reported on the companys balance sheet at December

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