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Duning the month of lanuary. an employer incurred the following payroll taxes. FHCA Social Secunty taves of $27900. FICA Medicare taxes of $6525. FUTA taxes

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Duning the month of lanuary. an employer incurred the following payroll taxes. FHCA Social Secunty taves of $27900. FICA Medicare taxes of $6525. FUTA taxes of $2700 and SUTA toxes of $24300 Prepare the journol entry to record the employer's payroil tax expense assuming theso wages wil bo paid in early february (Round your answers to 2 decimal places.) Journal entry worksheet Record employer payroll tax expense. Peste inter dertits hetore medits. Sylvestor Systems borrows $72,000 cash on May 15 by signing a 30 day, 5%,$72,000 note 1. On what date does this fote mature? 2-a. Prepace the entry to recard issisance of the note. 2.b. First, complete the table below to calculate the interest expense at maturly Use those colculated values to prepare your entry to fecord payment of the note at maturity. Complete this question by entering your answers in the tabs below. On what date does this note mature? Sylvestor Systems borrows $72.000 cash on May 15 by signing a 30-doy. 5%, $72000 note- 1. On what dote does this note moture? 2-a. Prepare the entry to record issuance of the note 2-b. First complete the table below to calculate the interest expense at maturity Use those calculated values to prepare your entiy to record payment of the note at maturity. Complete this question by entering your answers in the tabs below. First, complete the table below to calculate the interest expense at maturity. (Use 360 days a year. Round final answers to the nearest whole doliar) Sylvestor Systems borrows $72,000 cash on May ts by signing a 30-day 5%,$72,000 note 1. On what date does this note mature? 2-a. Prepare the entry to record issuance of the note. 2-b. First complete the table below to calculate the intorost expense at maturity Use thase calculated values to propare your entry to record payment of the note ot maturity Complete this question by entering your answers in the tabs below. Use those calculated values to prepare your entry to record gayment of the note at maturity. (Use 360 ofiys-a vear. Rouind final ansmers to the nesest whole dollies ) Journal entry worksheet Record the payment of the note at maturity Wote- finter debits before aredits. Required information The following information applies to the questions displeyed helow Hitwu Company sold a copler ehat costs 54,800 for 56,000 cash wath a two yeor ports wacratty to a custemer:on Augum 16 of Year 1. Hithu expects warrarity costs so be 4 s of dollor sales it recond warranty expense with an adjusting entry on December 31 On January 5 of Year? the copier requites onste repairs thot are completed the sarne day the repoins cost 5209 for moteriols taken from the parts imventoly. These are the only repoirs required in Year 2 for this copent 1. How much warianty expense does the compary report for this copin in Year 1? 2. How much is the estimated wartanty labality for this copier as of December 3 t of Yoar 1? 3. How much is the estimated watranty listility for this copier as of December at of Yeor?? 4. Prepare journal entries to record (a) the copler s sale, (bier the ad Decement to recognize the warranty expense on December 31 of Yeas 1, and (c) the repairs that occur on Januaty 5 of Year 2. Complete this question by entering your answers in the tabs below. 1. How much warranty expense does the company report for this cogier in Year 12 2. How much is the estimated warranty lability for this copier os of December 31 of Year 17 3. How much is the estimated warranty liability for this copler os of Decenber 31 of Year 2 ? Required information PThe following information appies fo the queitions divalayed beiowl Hitru Company sold a copier that costs $4800f for $6,000 cash with a two-yeor parts wannanty to a custamer on Mugust 16 or Yoar 1. Hitzu expects wairanty costs to be 48 of dollar sales it iecords wartanty experne with an adjusbig entry on December 31. On Jancary 5 of Year 2 , the copier regdires on-site repairs that are completed thes same doy the repairs cost $209 for materials taken trom the parts invertory These ore the only repolis tequited in Year 2 for this copie? 1. How much wartanty expense does the company report for thin copler is Year 1 ? 2. How much is the estameted wacranty liabily for this coper as of December 31 of War 1? 3. How much is the estimnted waranty liability for this copler as of December 31 of Yoar 2?. 1. and (c) the repoirs that occur on Jantary 5 of Year? Complete this question by entering your answers in the tabs below. Prepore journal entries to record (a) the copler's sale; (b) the adjustment to recopnice the warranty experce on December a1 of y at 1 ; and (c) the ropoirs that occur on January 5 of Year? 2. Journal entry worksheet Record the sale of a copler for $6,000 cash Notet Geter dehits lefore credit Required informotion The following mformation applies to the questians disployed below] Hitru Compary sald a copler (that costs 54,800 ) for $6,000 cash with a two year parts walranty to a customer on August 16 of Year 1 . Hitzu expects warranty costs to be 4% of dollar sales. H records waranty expense wath an adjusting entry on December 31 On January 5 of Year 2 , the copier requires on-site repeirs that are completed the sarne day. The repoirs cost $209 for materials taken from the parts inventory these are the only repairs required in Year 2 for this coplet 1. How much warranty expense does the company report for this copier in Yeor 1 ? 2. How much is the estimated warranty lability for this copier as of December 31 of Year 1 ? 3. How much is the estamated warranty liability for this copier as of December 31 of Year 2 ? 4. Prepare journal entries to record (a) the copter's sale, (b) the adjustment to recognize the warranty expense on December at of Year 1. and (c) the repairs that occur on January 5 of Year 2 Complete this question by entering your answers in the tabs below. Prepare journal entries to record (a) the copicr's sale; (b) the adjustment to recognize the warranty oxpense on December 31 of Year 1. and (c) the repairs that occur on Janiany 5 of Year 2 . Journal entry worksheet fave + Entwer de bit before cipditi. Pequired informotion [The followng information applies to the guiostions disployed below] Iitru Company sola a copler (that costs $4.8000 for $6,000cmsh with a two weor parls wartanty fo a customor on Auathat I6 of Yeat 1 Hitcu xpects wanranty costs to be 4% of dolla sales it records wocranty expense with an adjusting entry on Becember 31 On January 5 of Year 2 the copior requires on site repairs that are comploted the same day The nepois cost $209 for materials taken from the parts inventory these die the only repoin required in Year 2 for this copier 1. How much warranty expense does the coctipany report for this copier in Year 1? 2. How much is the estimated wairanty liablity for this copler as of December 34 of Year 1? 3. How much is the estimated warranty liebility for this copier as of December 3 of Year 2? 4. Prepare joumal entriss to record (d) the copier's saio. (0) the adjustment to tecognize the wartanty expense on December 31 or Yeat 1 and (c the repains that occur on Jantuary 5 of Year? Complete this question by entering your answers in the tabs below. Prepare journal entries to record (a) the cosici's sole, (b) the adpuntment to incognite the warranty expenwe on Derember 3t of Yea 1; and (c) the repaies that occul on January' 5 of Your 2 Journal entry worksheet flecord the estimated warranty expense at 4% of the sales. brote linter detudo liefor e croftid Required information [The fonowing information applies to the questions displiged boiow] Hitzu Company sold a copor (that costs $4,800 ) for $6,000 cowh with a two year parts warranty to a customer on August P6 of Yon 1 Hitru expects warranty costs to be 42 of dollar salns it records warranty expemse with an odjusting entry on December 31 On January 5 of Year 2 , the copier requires on-site repairs that are completed the same diny, The copairs cost \$209 for matertals taken from the parts inventory These ate the only cepers required in Year 2 for this copiet 1. How much warranty expense does the company report for this copior in Yoar 1 ? 2. How much is the estimoted wartanty lability for this copier as of December 3 of Yoor 12 3. How much is the estimated warranty liablity for this copler as of December 31 of Yoor 2 ? 4. Prepare joumal enthes to record (d) the ropier's sale, (b) the adjustment to recognize the warranty expense on December 3t of Yeen 1. and (c the repairs that occuir on Jonuary 5 of Year? Complete this question ty entering your answers in the tabs below. Prepare journal entries to record (a) the copier's sale; (b) the adjustment to recognee the warranty expense on Decomber 31 of Yeas 1 ; and (c) the repairs that occur on January 5 of year 2 Journal entry worksheet Recond the cost of repairs that occur on Janiary 5 of Year 2

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