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Could use some help recording these! Thanks:) 12) performed $1000 worth of bike repairs for customers be emailed out the invoices to the customers with
Could use some help recording these! Thanks:)
12) performed $1000 worth of bike repairs for customers be emailed out the invoices to the customers with the expectation that the customers will promptly pay.
16 17A 17B All the customers from #12 paid (with cash) the outstanding balances that they had with BE. BE employees earned gross wages of $1,500 from April 1 to April 15th. Based on the combined W4 selections (federal and state withholding), $150 in tax was withheld by BE Electric Bikes on behalf of the employees. Also, $100 in Social Security and Medicare tax was withheld from employee pay checks. BE will pay the taxes in May. The employees received the net pay amount of $1,250. Based on current law, BE Electric Bikes has to match the Social Security and Medicare tax amounts ($100 in total) withheld from the employee pay checks in 17 above. This amount will also be submitted to the government in May Received a bill for the electricity for the month of April. The total bill was $300. BE discovered another company had a very similar name. To prevent confusion, the business used $3,000 cash to purchase the other company's trademark on the BE name. The customers from April 6" pay the $1,500 outstanding balance that remains on their account. Cash is received for this amount. 19 20 21 SH ADDER LAND ALLOWANCE TRADEMAR CASH AD INSURANCE MOUNTS MOVABLE WENTONY TRUE BLIN ACOM DE VO FORDI ACCTS 2 3 7 5 . 9 10 7 11 12 11 14 25 10 11 12 11 16 17 18 19 16 LYA 21 20 2 22 27 24 29 30 29 30 76 SE 306 I Cell Styles Format M O ACCOUNTS PAYABLE UNEARNED REVENUE CREDIT CARD LOAN PAYABLE SALES TAX PAYABLE DIVIDENDS PAYABLE PRTAXES PAYABLE WAGES PAYANE INCOME TAXES PAYABLE Step by Step Solution
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