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allm hterest $ 110,000 ebit Accounts Payable Interest Payable Salaries Payable 0 0 0 0 0 Employee Income Taxes Payable FICA-OASDI Taxes Payable FICA-Medicare Taxes

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allm hterest $ 110,000 ebit Accounts Payable Interest Payable Salaries Payable 0 0 0 0 0 Employee Income Taxes Payable FICA-OASDI Taxes Payable FICA-Medicare Taxes Payable Federal Unemployment Taxes Payable State Unemployment Taxes Payable Unearned Rent Revenue Long-Term Notes Payable 0 0 6,000 180,000 Print Done are as follows: con to view payroll tax rate information.) * More Info a. The long-term debt is payable in annual installments of $36,000, with the next installment due on July 31. On that date, Fast Ship will also pay one year's interest at 10%. Interest was paid on July 31 of the preceding year. Make the adjusting entry to accrue interest expense at year-end. b. Gross unpaid salaries for the last payroll of the fiscal year were $4,000. Assume that employee income taxes withheld are $900 and that all earnings are subject to OASDI. C. Record the associated employer taxes payable for the last payroll of the fiscal year, $4,000. Assume that the earnings are not subject to unemployment compensation taxes. d. On February 1, the company collected one year's rent of $6,000 in advance. Print Done

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