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Easy Company had the following transactions related to note payables: - 9/1/201 Borrowed $24,000 from Ace Bank and signed an 8% note due in 6

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Easy Company had the following transactions related to note payables: - 9/1/201 Borrowed $24,000 from Ace Bank and signed an 8% note due in 6 months - 12/1/20X1 Borrowed $50,000 from Leeward Bank and signed a 9\% note due in 1 year - 12/31/20X1 Accrued interest on Ace Bank note - 12/31/20X1 Accrued interest on Leeward Bank note - 3/1/202 Paid the principal and interest on Ace Bank note - 1)/1/ony] Daid tha nrineinal and intaract an I aoin/ard Ranl nata Use the information below to prepare the journal entry to accrue the employee payroll and employer's payroll tax for last week of January: - Office salaries $9,300 - Sales wages $7,500 - Federal income taxes withheld $900 - Social security tax 6% - Medicare tax 1.5% - Medical insurance deductions $500 - State unemployment tax 5.4% - Federal unemnlovment tax 6%

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