87 88 89 90 91 92 93 94 You are the accountant for Security Software. The month just ended 1/31/2002. 96 Create journal entries for the following: 97 98 11. During the month software sales were 50,000, all on account, and sales tax is 8.5% 99 in addition to that amount. Describe the above with a journal entry: 100 101 Account Debit Credit 102 103 104 105 12. On Feb 15th you send this sales tax from number 11 to the state. Make the Journal 107 108 Account Debit Credit 109 110 116 111 112 113 13. Customers also were invoiced $12,000 for 1 year maintenance contracts. Describe the 114 transaction. (there is no sales tax on this) 115 116 Account Debit Credit 447 117 118 119 120 TU 121 14. The month's payroll, paid on 1/31 needs to be recorded. Total payroll is $20,000 122 4,000 is withheld for federal taxes, 1,000 for state taxes, and 7.65% is withheld for FICA tax. 123 124 Account Debit 127 Credit 125 120 126 120 127 128 129