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18 For the past two yeark. Mindy has experintehted with seling baked goods to local diners. She worked with soveral diffevent metaurants. She made sales
18 For the past two yeark. Mindy has experintehted with seling baked goods to local diners. She worked with soveral diffevent metaurants. She made sales of baked goods on accourt in the amount of $37,000 during the yeur that has not been 19 Durng the coune of the year, Mindy realzed that many of the restaurants were frequently late paying her back. Below is ar Prepare the joumal entry to record the allowance for doubfut ascounts, assuming a beginning credt balance of 52.000 . Restaurart $5 conferms that they are struggling to pay Mindy. They agree to take out a Note Receivable for $10,400,6 month, 9%, to setile their open accounc. Record this exchange 1 Assume the Note Receivable in $20 above was taken out on September ist. Record Interest due to Mindy as of December 315t 21 Astume the Note Receivable in $20 above was taken cut on Sepsember ist. Record Interest due to Mindy as of Decembe 22 Mindy needn to record her last month's wages for her new part time assistant. She owes them $1,100 gross pay. FiCA Taxes are 7.65\%, Federal income Tax is $250, and State income Tax is $70. 24 Peoord Mndy's portion of payroll taxes. Assume FUTA and SUTA are $100 and $50, respectively
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