Can you post half of the question or less instead of in full since if will be foo long?

Can you do up to require 4b?

The Tusquittee Compary is a retal company that began operations on October 1, 2018, when it Following is the chart of accounts for The Tusquilse Compayy As a new business, as incorporated in the stale of North Carclina. The Tusquitee Company is authorized to isswee beginning balances are $0. 100,000 shares of $1 par value common stock and 50,000 shares of 5%,$50 par value preforred (Cick the icon to view the chart of accounts.) stock. The compary selis a product that includes a cne.year warranty and recorts estimated warranty payable each month. Customers are charged a 6% stane sales tax. The compary uses a The Tusquittee Company completed the following tratsations during the last quartor of perpetual inventory system. There are three employees that are paid a monthly salary on the last 2018, is first year of operation: day of the month. (Click the icon to view the transactons.) Pead the teguiterents Requirement fa. In proparation for reconding the transactons, prepace. An amoritaton schedule for the frst 3 months of the morthope payable issued on Ociober 1 . Round interest calcilatons io the nearest dolar More info More info More info Requirements 1. In preparation for recording the transactions, prepare: a. An amortization schedule for the first 3 months of the mortgage payable issued on October 1. Round interest calculations to the nearest dollar. b. Payroll registers for October, November, and December. All employees worked October 1 through December 31 and are subject to the following FICA taxes: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to $200,000,2.35% on earnings above $200,000. Additional payroll information includes: c. Calculations for employer payroll taxes liabilities for October, November, and December: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45%; SUTA: 5.4% on first $7,000 earned; FUTA: 0.6% on first $7,000 earned. 2. Record the transactions in the general journal. Omit explanations. 3. Post to the general ledger. 4. Record adjusting entries for the three month period ended December 31, 2018: a. Depreciation on the Building, straight-line, 40 years, no residual value. b. Deoreciation on Store Fixtures. straiaht-line. 20 vears. no residual value. Requirements c. Calculations for employer payroll taxes liabilities for October, November, and December: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45%; SUTA: 5.4% on first $7,000 earned; FUTA: 0.6% on first $7,000 earned. 2. Record the transactions in the general journal. Omit explanations. 3. Post to the general ledger. 4. Record adjusting entries for the three month period ended December 31,2018 : a. Depreciation on the Building, straight-line, 40 years, no residual value. b. Depreciation on Store Fixtures, straight-line, 20 years, no residual value. c. Accrued interest expense on the note payable for the store fixtures. d. Accrued interest expense on the mortgage payable. e. Accrued income tax expense of $36,000. 5. Post adjusting entries and prepare an adjusted trial balance. 6. Prepare a multi-step income statement and statement of retained earnings for the quarter ended December 31,2018 . Prepare a classified balance sheet as of December 31, 2018. Assume that $13,840 of the mortgage payable is due within the next year. 7. Evaluate the company 's success for the first quarter of operations by calculating the following ratios. The market price of the common stock is $25 on December 31,2018 . Round to two decimal places. a. Times interest earned b. Debt to equity c. Earnings per share Requirements e. Accrued income tax expense of $36,000. 5. Post adjusting entries and prepare an adjusted trial balance. 6. Prepare a multi-step income statement and statement of retained earnings for the quarter ended December 31, 2018. Prepare a classified balance sheet as of December 31, 2018. Assume that $13,840 of the mortgage payable is due within the next year. 7. Evaluate the company 's success for the first quarter of operations by calculating the following ratios. The market price of the common stock is $25 on December 31,2018 . Round to two decimal places. a. Times interest earned b. Debt to equity c. Earnings per share d. Pricelearnings ratio e. Rate of return on common stock 8. The Tusquittee Company wants to expand and is considering options for raising additional cash. The company estimates net income before the expansion of $250,000 in 2019 and that the expansion will provide additional operating income of $75,000 in 2019 . The company intends to sell the shares of treasury stock, so use issued shares for the analysis rather than current shares outstanding. Compare these options, assuming a 30% income tax rate: Plan 1: Issue 10,000 additional shares of common stock for $20 per share Plan 2: Issue $200,000 in 20-year, 12% bonds payable. Which option will contribute more net income in 2019? Which option provides the highest EPS? The Tusquitiee Company is a retail company that began operations on October 1, 2018. when a Following is the chart of accounts for The Tusquitee Company As a new business, af incorporated in the state of North Carolina. The Tusquitteo Company is authorized to issue. beginning balances are $0 100,000 shares of $1 par value common stock and 50,000 shares of 5%,$50 par valve proterred (Click the icon to viow the chat of accounts) stock. The company sells a product that includes a one-yoar warranty and records estimated warranty payable each month. Customers are charged a 6% state salos tax. The company uses a The Tusquittee Company complesed the following transactons during the last quater of 2018, its first yeat of operations perpetual inventory system. There are three employees that are poid a monthly salary on the last day of the month. A. (Click the icon to viera the transactions). Read the regarements Requirement 1a. In preparation for tecording the transactions, prepare: An amortiakion schedule for the first 3 months of the mortgage payable issued on Oclober 1 . Round ielerest caiculations to Requirements 1. In preparation for recording the transactions, prepare: a. An amortization schedule for the first 3 months of the mortgage payable issued on October 1. Round interest calculations to the nearest dollar. b. Payroll registers for October, November, and December. All employees worked October 1 through December 31 and are subject to the following FICA taxes: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to $200,000,2.35% on earnings above $200,000. Additional payroll information includes: c. Calculations for employer payroll taxes liabilities for Uctoder, wuveinber, and December: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45%; SUTA: 5.4% on first $7,000 earned; FUTA: 0.6% on first $7,000 eamed. 2. Record the transactions in the general journal. Omit explanations. 3. Post to the general ledger. 4. Record adjusting entries for the three month period ended December 31, 2018: a. Depreciation on the Building, straight-line, 40 years, no residual value. b. Depreciation on Store Fixtures, straight-line, 20 years, no residual value. More info Oct. 1 Issued 25,000 shares of $1 par value common stock for cash of $10 per share. Issued a $200,000,10-year, 8% mortgage payable for land with an existing store building. Mortgage payments of $2,425 are due on the first day of each month, beginning November 1 . The assets had the following market values: Land, $40,000; Building, Oct. 1$160,000. Issued a one-year, 10% note payable for $10,000 for store fixtures. The principal and Oct. 1 interest are due October 1,2019. Oct. 3 Purchased merchandise inventory on account from Top Rate for $125,000, terms n/30. Oct. 15 Paid $160 for utilities. Recorded cash sales for the month of $185,000 plus sales tax of 6%. The cost of the Oct. 31 goods sold was $110,000 and estimated warranty payable was 8%. Oct. 31 Recorded October payroll and paid employees. Oct. 31 Accrued employer payroll taxes for October. Nov. 1 Paid the first mortgage payment. Nov. 3 Paid Top Rate for the merchandise inventory purchased on October 3. Nov. 10 Purchased merchandise inventory on account from Top Rate for $150,000, terms n/30. Nov. 12 Purchased 500 shares of treasury stock for $15 per share. More info More info Nov. 27 Paid the cash dividends. Recorded cash sales for the month of $140,000 plus sales tax of 6%. The cost of the Nov. 30 goods sold was $84,000 and estimated warranty payable was 8%. Nov. 30 Recorded November payroll and paid employees. Nov. 30 Accrued employer payroll taxes for November. Dec. 1 Paid the second mortgage payment. Dec. 10 Paid Top Rate for the merchandise inventory purchased on November 10. Dec. 12 Paid $7,500 to satisfy warranty claims. Dec. 15 Sold 300 shares of treasury stock for $20 per share. Dec. 15 Paid all liabilities associated with the November 30 payroll. Dec. 15 Remitted (paid) sales tax from November sales to the state of North Carolina. Dec. 18 Paid $220 for utilities. Dec. 19 Purchased merchandise inventory on account from Top Rate for $90,000, terms n/30. Recorded cash sales for the month of $210,000 plus sales tax of 6%. The cost of the Dec. 31 goods sold was $126,000 and estimated warranty payable was 8%. Dec. 31 Recorded December payroll and paid employees. Dec. 31 Accrued employer payroll taxes for December. The Tusquittee Compary is a retal company that began operations on October 1, 2018, when it Following is the chart of accounts for The Tusquilse Compayy As a new business, as incorporated in the stale of North Carclina. The Tusquitee Company is authorized to isswee beginning balances are $0. 100,000 shares of $1 par value common stock and 50,000 shares of 5%,$50 par value preforred (Cick the icon to view the chart of accounts.) stock. The compary selis a product that includes a cne.year warranty and recorts estimated warranty payable each month. Customers are charged a 6% stane sales tax. The compary uses a The Tusquittee Company completed the following tratsations during the last quartor of perpetual inventory system. There are three employees that are paid a monthly salary on the last 2018, is first year of operation: day of the month. (Click the icon to view the transactons.) Pead the teguiterents Requirement fa. In proparation for reconding the transactons, prepace. An amoritaton schedule for the frst 3 months of the morthope payable issued on Ociober 1 . Round interest calcilatons io the nearest dolar More info More info More info Requirements 1. In preparation for recording the transactions, prepare: a. An amortization schedule for the first 3 months of the mortgage payable issued on October 1. Round interest calculations to the nearest dollar. b. Payroll registers for October, November, and December. All employees worked October 1 through December 31 and are subject to the following FICA taxes: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to $200,000,2.35% on earnings above $200,000. Additional payroll information includes: c. Calculations for employer payroll taxes liabilities for October, November, and December: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45%; SUTA: 5.4% on first $7,000 earned; FUTA: 0.6% on first $7,000 earned. 2. Record the transactions in the general journal. Omit explanations. 3. Post to the general ledger. 4. Record adjusting entries for the three month period ended December 31, 2018: a. Depreciation on the Building, straight-line, 40 years, no residual value. b. Deoreciation on Store Fixtures. straiaht-line. 20 vears. no residual value. Requirements c. Calculations for employer payroll taxes liabilities for October, November, and December: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45%; SUTA: 5.4% on first $7,000 earned; FUTA: 0.6% on first $7,000 earned. 2. Record the transactions in the general journal. Omit explanations. 3. Post to the general ledger. 4. Record adjusting entries for the three month period ended December 31,2018 : a. Depreciation on the Building, straight-line, 40 years, no residual value. b. Depreciation on Store Fixtures, straight-line, 20 years, no residual value. c. Accrued interest expense on the note payable for the store fixtures. d. Accrued interest expense on the mortgage payable. e. Accrued income tax expense of $36,000. 5. Post adjusting entries and prepare an adjusted trial balance. 6. Prepare a multi-step income statement and statement of retained earnings for the quarter ended December 31,2018 . Prepare a classified balance sheet as of December 31, 2018. Assume that $13,840 of the mortgage payable is due within the next year. 7. Evaluate the company 's success for the first quarter of operations by calculating the following ratios. The market price of the common stock is $25 on December 31,2018 . Round to two decimal places. a. Times interest earned b. Debt to equity c. Earnings per share Requirements e. Accrued income tax expense of $36,000. 5. Post adjusting entries and prepare an adjusted trial balance. 6. Prepare a multi-step income statement and statement of retained earnings for the quarter ended December 31, 2018. Prepare a classified balance sheet as of December 31, 2018. Assume that $13,840 of the mortgage payable is due within the next year. 7. Evaluate the company 's success for the first quarter of operations by calculating the following ratios. The market price of the common stock is $25 on December 31,2018 . Round to two decimal places. a. Times interest earned b. Debt to equity c. Earnings per share d. Pricelearnings ratio e. Rate of return on common stock 8. The Tusquittee Company wants to expand and is considering options for raising additional cash. The company estimates net income before the expansion of $250,000 in 2019 and that the expansion will provide additional operating income of $75,000 in 2019 . The company intends to sell the shares of treasury stock, so use issued shares for the analysis rather than current shares outstanding. Compare these options, assuming a 30% income tax rate: Plan 1: Issue 10,000 additional shares of common stock for $20 per share Plan 2: Issue $200,000 in 20-year, 12% bonds payable. Which option will contribute more net income in 2019? Which option provides the highest EPS? The Tusquitiee Company is a retail company that began operations on October 1, 2018. when a Following is the chart of accounts for The Tusquitee Company As a new business, af incorporated in the state of North Carolina. The Tusquitteo Company is authorized to issue. beginning balances are $0 100,000 shares of $1 par value common stock and 50,000 shares of 5%,$50 par valve proterred (Click the icon to viow the chat of accounts) stock. The company sells a product that includes a one-yoar warranty and records estimated warranty payable each month. Customers are charged a 6% state salos tax. The company uses a The Tusquittee Company complesed the following transactons during the last quater of 2018, its first yeat of operations perpetual inventory system. There are three employees that are poid a monthly salary on the last day of the month. A. (Click the icon to viera the transactions). Read the regarements Requirement 1a. In preparation for tecording the transactions, prepare: An amortiakion schedule for the first 3 months of the mortgage payable issued on Oclober 1 . Round ielerest caiculations to Requirements 1. In preparation for recording the transactions, prepare: a. An amortization schedule for the first 3 months of the mortgage payable issued on October 1. Round interest calculations to the nearest dollar. b. Payroll registers for October, November, and December. All employees worked October 1 through December 31 and are subject to the following FICA taxes: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45% up to $200,000,2.35% on earnings above $200,000. Additional payroll information includes: c. Calculations for employer payroll taxes liabilities for Uctoder, wuveinber, and December: OASDI: 6.2% on first $118,500 earned; Medicare: 1.45%; SUTA: 5.4% on first $7,000 earned; FUTA: 0.6% on first $7,000 eamed. 2. Record the transactions in the general journal. Omit explanations. 3. Post to the general ledger. 4. Record adjusting entries for the three month period ended December 31, 2018: a. Depreciation on the Building, straight-line, 40 years, no residual value. b. Depreciation on Store Fixtures, straight-line, 20 years, no residual value. More info Oct. 1 Issued 25,000 shares of $1 par value common stock for cash of $10 per share. Issued a $200,000,10-year, 8% mortgage payable for land with an existing store building. Mortgage payments of $2,425 are due on the first day of each month, beginning November 1 . The assets had the following market values: Land, $40,000; Building, Oct. 1$160,000. Issued a one-year, 10% note payable for $10,000 for store fixtures. The principal and Oct. 1 interest are due October 1,2019. Oct. 3 Purchased merchandise inventory on account from Top Rate for $125,000, terms n/30. Oct. 15 Paid $160 for utilities. Recorded cash sales for the month of $185,000 plus sales tax of 6%. The cost of the Oct. 31 goods sold was $110,000 and estimated warranty payable was 8%. Oct. 31 Recorded October payroll and paid employees. Oct. 31 Accrued employer payroll taxes for October. Nov. 1 Paid the first mortgage payment. Nov. 3 Paid Top Rate for the merchandise inventory purchased on October 3. Nov. 10 Purchased merchandise inventory on account from Top Rate for $150,000, terms n/30. Nov. 12 Purchased 500 shares of treasury stock for $15 per share. More info More info Nov. 27 Paid the cash dividends. Recorded cash sales for the month of $140,000 plus sales tax of 6%. The cost of the Nov. 30 goods sold was $84,000 and estimated warranty payable was 8%. Nov. 30 Recorded November payroll and paid employees. Nov. 30 Accrued employer payroll taxes for November. Dec. 1 Paid the second mortgage payment. Dec. 10 Paid Top Rate for the merchandise inventory purchased on November 10. Dec. 12 Paid $7,500 to satisfy warranty claims. Dec. 15 Sold 300 shares of treasury stock for $20 per share. Dec. 15 Paid all liabilities associated with the November 30 payroll. Dec. 15 Remitted (paid) sales tax from November sales to the state of North Carolina. Dec. 18 Paid $220 for utilities. Dec. 19 Purchased merchandise inventory on account from Top Rate for $90,000, terms n/30. Recorded cash sales for the month of $210,000 plus sales tax of 6%. The cost of the Dec. 31 goods sold was $126,000 and estimated warranty payable was 8%. Dec. 31 Recorded December payroll and paid employees. Dec. 31 Accrued employer payroll taxes for December