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Sunset, Inc. has a policy of accruing $1,500 for every employee as a vacation benefit. Sarah, an employee, took a vacation. Which of the following is the correct journal entry for the vacation benefit paid? O A. Vacation Benefits Payable Cash 1,500 1,500 B. Vacation Benefits Expense Cash 1,500 1,500 1,250 C. Vacation Benefits Payable Vacation Benefits Expense 1,250 1,250 D. Vacation Benefits Expense Vacation Benefits Payable 1,250 Great Lake Glassware Company issues $1,136,000 of its 11%, 10-year bonds at 96 on February 28, 2018. The bonds pay interest on February 28 and August 31. Assume that Great Lake uses the straight-line method for amortization. The journal entry to record the first interest payment on August 31, 2018 includes a A. debit to Discount on Bonds Payable for $2,272 B. debit to Cash for $62,480 C. debit to Interest Expense for $60,208 D. debit to Interest Expense for $64,752 All Things Digital, Inc. starts the year with a credit balance of $3,100 in its Estimated Warranty Payable account. During the year, there were $212,000 in sales and $4,500 in warranty repair payments. All Things Digital estimates warranty expense at 4% of sales. At the end of the year, what is the balance in the Estimated Warranty Payable account? A. $8,480 debit B. $4,500 credit C. $3,100 debit D. $7,080 credit Angie Pereira and Ferro Schwartz are employees of Free Star, Inc. In February 2019, Angie's gross pay was $8,000, and Ferro's gross pay was $11,900. All earnings are subject to FICAOASDI Tax of 6.2% and FICAMedicare Tax of 1.45%. Which of the following would be included in the entry to record the salaries expense for February? O A. a credit to FICA-QASDI Taxes Payable for $1,233.80 B. a debit to Salaries Payable to employees for $1,233.80 C. a credit to Salaries Expense for $1,233.80 D. a debit to FICA-Medicare Taxes Payable for $1,233.80