assigkments8takeAssignmentSessionLocator nment-take eBook Daniels Company engaged in the following transactions during 2020 a Purchased $40,000 of merchandise trom XYZ Supplies on January 26 Amount due in full on February 28 b Paid for 40% of lhe purchased merchandise (Transaction a) on February 26 c On February 28, negotiate a payment e extension with XYZ for the remainder of the balance from the January 26 purchase by signing a 1-year 896 note d. Borrowed S300.000 on an &month, 9% rterest-bearing note on July 31 e. Purchased $170,000 of merchandise on August 2 Amount due in full on September 30 t Paid for the purchased merchandise (Transaction e) on September 20 g Received from Martel Inc on October 4 a $20,000 deposit against a total selling price of $200,000 for services to be performed for Mare h. Paid quarterty instalments of Social Security, Medicare, and individual income tax withholdings, as shown below on October 10. The Social Security a employer shares (50% each) and Medicare were previously recorded as expenses during the quater and the amounts paid represent both the employee and Social Security faces withheld Medicare taxes withheld Feder al income taxes withheld 5350 000 65430 700,000 On December 15 Danie's completed the services ordered by Maite on October 4 Martel's remaining bal ance of $180 000 is due on Januany 31 Required 1 Preparejoumal ennies for these transactions Check My Work 3 more Check M o uses remaning GENERAL JOURNAL ACCOUNT TITLE more Check 5 6 7 8 0 assigkments8takeAssignmentSessionLocator nment-take eBook Daniels Company engaged in the following transactions during 2020 a Purchased $40,000 of merchandise trom XYZ Supplies on January 26 Amount due in full on February 28 b Paid for 40% of lhe purchased merchandise (Transaction a) on February 26 c On February 28, negotiate a payment e extension with XYZ for the remainder of the balance from the January 26 purchase by signing a 1-year 896 note d. Borrowed S300.000 on an &month, 9% rterest-bearing note on July 31 e. Purchased $170,000 of merchandise on August 2 Amount due in full on September 30 t Paid for the purchased merchandise (Transaction e) on September 20 g Received from Martel Inc on October 4 a $20,000 deposit against a total selling price of $200,000 for services to be performed for Mare h. Paid quarterty instalments of Social Security, Medicare, and individual income tax withholdings, as shown below on October 10. The Social Security a employer shares (50% each) and Medicare were previously recorded as expenses during the quater and the amounts paid represent both the employee and Social Security faces withheld Medicare taxes withheld Feder al income taxes withheld 5350 000 65430 700,000 On December 15 Danie's completed the services ordered by Maite on October 4 Martel's remaining bal ance of $180 000 is due on Januany 31 Required 1 Preparejoumal ennies for these transactions Check My Work 3 more Check M o uses remaning GENERAL JOURNAL ACCOUNT TITLE more Check 5 6 7 8 0