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9. AB Company sells machinery for $3,000. They originally purchased it for $15,000 and have depreciated $10,000. Complete the journal entry for the sale

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9. AB Company sells machinery for $3,000. They originally purchased it for $15,000 and have depreciated $10,000. Complete the journal entry for the sale Account Debit Credit 10. AB Company's register tape shows $4800 in sales. This includes sales tax collected at a 10% rate. Complete the journal entry for the sales. Account Debit Credit 11. AB Company owes wages in the amount of $40,000. Withholdings for these wages were $3060 for FICA, $4000 for federal income tax and $2000 for state income tax. Unemployment tax costs were $240 for federal unemployment and $1800 for state unemployment. Prepare the journal entries for salaries and wages and the employer tax expense Account Debit Credit 12. On 1/1/21, AB Company sold $100,000, 10%, 10 year bonds at 96. Complete the entries for the bond issuance and the first year interest accrual (including amortization of the discount). Account Debit Credit

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