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A company borrows $40,000 on August 1, 2018 and gives the lender a note saying that it will pay the money back 8 months later

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A company borrows $40,000 on August 1, 2018 and gives the lender a note saying that it will pay the money back 8 months later on April 1, 2019 along with interest at a rate of 6% per year. 1. lease make the journal entries required on a. August 1, 2018 b. December 31, 2018 c. April 1, 2019 During a particular pay period the employees of a company earned $9,000. The company needs to withhold $1,500 from the employees' paychecks for the income tax and $500 for the FICA tax The company must also pay the FICA tax (the same amount that the employees will pay) as well as $200 for the federal unemployment tax (FUTA). 2. Please make the journal entry to record the payment of money to the employees and the withholding of money from their paychecks for taxes Please make the journal entry to record the amounts owed by the employer for the payroll taxes that the employer must pay. a. b

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