Exercise 9-4 (Algo) Accounting for note payable LO P1 Sylvestor Systems borrows $155,000 cash on May 15 by signing a 150-day, 4% $155.000 note, 1. On what date does this note mature? 2-o. 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 entry to record payment of the note at maturity Complete this question by entering your answers in the tabs below. Required 28 Required 26 Required 1 Required 2A Interestat General Maturity Jouma Prepare the entry to record issuance of the note 2 View transaction at Journal entry worksheet Exercise 9-4 (Algo) Accounting for note payable LO P1 Sylvestor Systems borrows $155.000 cash on May 15 by signing a 150-day, 4% S155,000 note 1. On what date does this note mature? 2-0. 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 entry to Tecord payment of the note at maturity Complete this question by entering your answers in the tabs below. Required 28 Required 28 Required 1 Required 2A Interest at General Maturity Journal First, complete the table below to calculate the interest expense at maturity. (Use 360 days a year Round Rinal answers to the nearest whole dollar) Interest at Maturity Principal Rate(%) Total interest payable Sylvestor Systems borrows $155.000 cash on May 15 by signing a 150-day, 4%. $155.000 note 1. On what date does this note mature? 2-o. 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 entry to record payment of the note at maturity Complete this question by entering your answers in the tabs below. Required 28 Required 26 Required 1 Required 2A Interest General Maturity Journal Use those calculated values to prepare your entry to record payment of the note at maturity. (Use 360 days a year round final answers to the nearest whole dollar) View transaction list Journal entry worksheet Record the payment of the note at maturity Note: terre Date Maunty General Journal Det Credit Record entry Clewy View general jou Required 23 Interest at Maturity Required information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below BMX Company has one employee: FICA Social Security taxes are 5.2% of the first $137700 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay For BMX. Its FUTA taxes are 0.6% and SUTA taxes are 5.4% of the first $7,000 paid to its employee GOPY Gross Pay through Auct 31 $5,200 2300 13120 2 Exercise 9-7 (Algo) Computing payroll taxes LO P2, P3 Compute BMX's amounts for each of these four taxes as applied to the employee's gross earnings for September under each of three separate situations (a), (b) and ((Round your answers to 2 decimal places.) a) Tax September Earnings Subject to Tax Tax Rate Tax Amount FICA_Social Security FICA Medicare FUTA SUTA b) Tax September Earnings Subject to Tax Tax Rate Tax Amount FICA-Social Security FICA-Medicare FUTA SUTA 6) Tax September Earings Subject to Tax Tax Rate Tax Amount FC Social Security FICA_Medicare FUTA SUTA Required Information Use the following information for the Exercises below. (Algo) The following information applies to the questions displayed below! BMX Company has one employee FICA Social Security taxes are 6.2% of the first $137700 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay For BMxits FUTA taxes are 0.6% and SUTA taxes are 54% of the first $7.000 paid to its employee Gross Pay through Must 31 55,700 2,300 131,00 des Pay for September 5 2,000 Exercise 9-8 (Algo) Payroll-related Journal entries LO P2 Assuming situation a prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are 590 for this pay period Complete this question by entering your answers in the tabs below. Taxes to be Wichheld From General Gross Pay Joumal Assuming situation (). prepare the employer's September 30 journal entry to record salary expense and its related payroll liabilities for this employee. The employee's federal income taxes withheld by the employer are $90 for this pay period. (Round your answers to 2 decimal places.) View transaction list Journal entry worksheet 1 Prepare the employer's September 30 journal entry to record accrued salary expense and its related payroll liabilities for this employee Ndebits before General Journal Date September 30 Debit Credit