Auu tu & Edit & Create v A Share Five Mile Electronics completed these selected transactions during September 2018: (Click the icon to view the transactions.) Requirement 1. Report these items on Five Mile Electronics' balance sheet at September 30, 2018. Select the balance sheet accounts, then calculate each accounts' balance and the total current liabilities amount at September 30, 2018. (For the FICA tax, be sure to include both the employer and emp Round all amounts to the nearest whole dollar. If a box is not used in the table leave the box empty; do not select a label or enter a zero.) Five Mile Electronics i Transactions Balance Sheet (partial) September 30, 2018 Account Amount a. Sales of $2,150,000 are subject to an accrued warranty cost of 10%. The accrued waranty payable at the beginning of the year was $33,000, and warranty payments for the year totaled $58,000. b. On September 1, Five Mie Electronics signed a $40,000 note payable that requires annual payments of $8,000 plus 3% interest on the unpaid balance beginning September 1, 2019. c. Urban, Inc.. a chain of discount stores, ordered $150.000 worth of wireless speakers and related products. With its order, Urban, Inc., sent a check for $150,000 in advance, and Five Mie shipped $95,000 goods. Five Mile will ship the remainder of the goods on October 3, 2018. d. Five Mle's September payroll of $240.000 is subiect to emplovee withheld income tax of S30.900 and FICA tax of 7.65%. On September 30, Five Mile pays employees their take-home pay and accrues all tax amounts. Current liabilities: 1 the Print Done Long-term liabilities 2018: 2018. the total current liabilities amount at September 30, 2018. (For the FICA tax, be sure to include both the employer and employe leave the box empty; do not select a label or enter a zero.) Transactions a. Sales of $2,150,000 are subject to an accrued warranty cost of 10%. The accrued warranty payable at the beginning of the year was $33,000, and warranty payments for the year totaled $58,000. b. On September 1, Five Mile Electronics signed a $40,000 note payable that requires annual payments of $8,000 plus 3% interest on the unpaid balance beginning September 1, 2019. c. Urban, Inc., a chain of discount stores, ordered $150,000 worth of wireless speakers and related products. With its order, Urban, Inc., sent a check for $150,000 in advance, and Five Mile shipped $95,000 of the goods. Five Mile will ship the remainder of the goods on October 3, 2018. d. Five Mile's September payroll of $240,000 is subject to employee withheld income tax of $30,900 and FICA tax of 7.65%. On September 30, Five Mile pays employees their take-home pay and accrues all tax amounts. Print Done 8:01 12/8/2 Five Mile Electronics completed these selected transactions during September 2018: A (Click the icon to view the transactions.) Requirement 1. Report these items on Five Mile Electronics' balance sheet at September 30, 2018. Select the balance sheet accounts, then calculate each accounts' balance and the total curren Round all amounts to the nearest whole dollar, If a box is not used in the table leave the box er Five Mile Electronics Trans Balance Sheet (partial) September 30, 2018 Account Amount a. Sales of beginnin b. On Septe $8,000 p Current liabilities: c. Urban, In With its on goods. Fi d. Five Mile's tax of 7.65 amounts. Long-term liabilities: 91 ing
