as many as you could explain would be great!!

30C 30d BE owes employees for the work performed from the 16th of the month to the 30h. Be will pay them the cash in May. However, the records need to be updated to show that you owe for the work they have done. Gross wages for the two-week period were $1,600. Federal and state income taxes withheld equaled $150. In addition, $100 in Social Security and Medicare tax was withheld from the gross wages. Finally, the employer had to match the Social Security and Medicare tax. Any taxes due to the government will be paid in May. TIP: This entry is going to be similar to what happened on the 17A and 17B entries. Only difference being that it is combined into one line of the grid and that we are recording the "accrued expense" versus paying. If needed, record any adjusting entries needed related to the insurance policy purchased on April 8th, BE decided to use an allowance method for dealing with bad debts. Based on analysis of their outstanding account receivable they estimate that 10% of the outstanding balance will not be collected. Record any needed adjustment. NOTE: Before doing 30f (below) make sure all other April entries are properly reflected. BE Electric Bikes is subject to federal and state income tax of 20%. Accrue the amount of income tax that will be due for the month of April. TIP: Calculate what the net income before taxes would be prior to 30f. After you obtain that number multiply it by 20% and accrue that amount of income tax. At the end of April no income tax has been paid, only owed to the government. We will discuss in class week of 11/30. 30e 30f