company will incur matching FICA taxes, FUTA tax at $0\mathrm{.}6\%,$ and SUTA tax at $5\mathrm{.}4\%.$ Round calculations to two decimals. Omit explanations on journal entries.

Read the requirements.

Requirement $1.$ Record the issuance of the $$35,000$ note payable on September $1,2025.($Record debits first, then credits. Exclude explanations from any journal entries.$)$

Requirements

Record the issuance of the $$35,000$ note payable on September $1,2025.$

Record the employee payroll and employer payroll tax entries on September

$30,2025.$

Record all payments related to September's payroll. Payments are made on

October $15,2025.$

Record the entry to accrue interest due on the note at December $31,2025.$

Record the entry Water Way Company would make to record the payment to

the bank on September $1,2026.$