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14. The month's payroll, paid on 1/31 needs to be recorded. Total payroll is $20,000 4,000 is withheld for federal taxes, 1,000 for state taxes,

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14. The month's payroll, paid on 1/31 needs to be recorded. Total payroll is $20,000 4,000 is withheld for federal taxes, 1,000 for state taxes, and 7.65% is withheld for FICA tax. Account Debit Credit 15. On 10/31/2011 The company takes out a $120,000 bank loan and signs a 4 year note at 8% interest paid every 3 months. Make Journals for the following a. 10/31/2011 - record the loan b. 12/31/2011-year end needs to have everything accurate including interest liabilities c 1/31/2012 - it has been 3 months Debit Credit Date Account Given the following Trial Balance for Year Ended 2019 Trial Balance Debit Credit 27,000.00 5,000.00 2,000.00 400.00 8,500.00 275.00 7,500.00 Cast Accounts Receivable Prepaid Insurance Inventory Computer Eauipment Accumulated Depreciation Long term Investments Accounts Payable Salary Payable Uneamed Revenue Long term Loan Payable Common stock Retained earnings (beginning) Dividends Sales/Revenue Cost of Goods Sold Salary Expense Advertising Expense Insurance Expense Depreciation Expense Totals 17,500.00 1,000.00 700.00 540.00 17.500.00 11.250.00 3,200.00 9,000.00 1,000.00 1,600.00 750.00 540.00 275.00 57.765.00 57.765.00 Given the following Trial Balance for Year Ended 2019 Trial Balance Debit Credit 27,000.00 5,000.00 2,000.00 400.00 8,500.00 275.00 7,500.00 Cash Accounts Receivable Prepaid Insurance Inventory Computer Eauipment Accumulated Depreciation Long term Investments Accounts Payable Salary Payable Unearned Revenue Long term Loan Payable Common stock Retained earnings (beginning) Dividends Sales/Revenue Cost of Goods Sold Salary Expense Advertising Expense Insurance Expense Depreciation Expense Totals 17,500.00 1,000.00 700.00 540.00 17,500.00 11,250,00 3,200.00 9,000.00 1,000.00 1,600.00 750.00 540,00 275.00 57,765.00 + 57,765.00 16 Create the Multi step Income Satement below

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