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A cash register tape shows cash sales of $1810 and sales taxes of $116. The journal entry to record this information is Cash Sales Tax

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A cash register tape shows cash sales of $1810 and sales taxes of $116. The journal entry to record this information is Cash Sales Tax Expense Sales Revenue 1810 116 1926 Cash 1926 Sales Taxes Payable 116 Sales Revenue 1810 1926 Cash Sales Revenue Sales Tax Revenue 1810 116 O Cash 1926 Sales Revenue 1926 Sunland Foodie Company typically sells subscriptions on an annual basis, and publishes six times a year. The magazine sells 101000 subscriptions in January at $15 each. What entry is made in January to record the sale of the subscriptions? O Subscriptions Receivable Subscription Revenue 1515000 1515000 Cash 1515000 Unearned Subscription Revenue 1515000 O 252500 Subscriptions Receivable Unearned Subscription Revenue 252500 O Prepaid Subscriptions Cash 1515000 1515000 Coronado's Company has current assets of $76000, current liabilities of $80000, long-term assets of $184000 and long-term liabilities of $80000. Coronado Company's working capital and its current ratio are: O $4000 and 1.95:1. $4000 and 0.95:1. O ($4000) and 0.95:1. O $108000 and 0.95:1. Oriole Navigation began operations in 2020 and provides a one year warranty on the products it sells. They estimate that 19600 of the 407000 units sold in 2020 will be returned for repairs and that these repairs will cost $9 per unit. The cost of repairing 16100 units presented for service in 2020 was $144900. Oriole should report O warranty expense of $144900 for 2020. O no warranty obligation on December 31, 2020, since this is only a contingent liability. O warranty expense of $31500 for 2020. O warranty liability of $176400 on December 31, 2020. Which one of the following payroll taxes does not result in a payroll tax expense for the employer? O Federal unemployment tax O State unemployment tax FICA tax O Federal income tax Which one of the following payroll taxes does not result in a payroll tax expense for the employer? O Federal unemployment tax O State unemployment tax FICA tax O Federal income tax Assuming a FICA tax rate of 7.65% on the first $127,200 in wages, 1.45% on amounts in excess of $127,200, and a federal income tax rate of 20% on all wages, what would be an employee's net pay for the year if he earned $162000 for the year? O $128948 $129600 $119997 $120650

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