Homework: CH08 - GRADED HOMEWORK - SINGLE ATTEMPH Score: 0 of 1 pt 1 of 5 (0 complete) HW Score: 0%, 0 of 5 pts E8-18A (similar to) Question Help Six Mile Electronics completed these selected transactions during September 2018 ev (Click the icon to view the transactions.) les Requirement 1. Report these items on Six Mile Electronics balance sheet at Soptomber 30, 2018. Select the balance sheet accounts, then calculate each accounts' balance and the total current liabilities amount at September 30, 2018. (For the FICA tax, be sure to include both the employer and employee share of the tax. Round all amounts to the nearest whole dollar. If a box is not used in the table leave the box emply do not select a label or enter a zero) Six Mile Electronics Balance Sheet (partial) > September 30, 2018 Account Amount Current liabilities: ce Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All Check Answer the transactions.) ix Mile Electronics' balance sheet at September 30, 2018. i Transactions a. Sales of $2,000,000 are subject to an accrued warranty cost of 3%. The accrued warranty payable at the beginning of the year was $33,000, and warranty payments for the year totaled $60,000. b. On September 1, Six Mile Electronics signed a $20,000 note payable that requires annual payments of $4,000 plus 5% interest on the unpaid balance beginning September 1, 2019. c. Urban, Inc., a chain of discount stores, ordered $150,000 worth of wireless speakers and related products. With its order, Urban, Inc., sent a check for $150,000 in advance, and Six Mile shipped $65,000 of the goods. Six Mile will ship the remainder of the goods on October 3, 2018. d. Six Mile's September payroll of $250,000 is subject to employee withheld income tax of $30,400 and FICA tax of 7.65%. On September 30, Six Mile pays employees their take-home pay and accrues all tax amounts. Print Done O 10 pre: 0 of 1 pt 1 of 5 (0 3-18A (similar to) Mile Electronics completed these selected transactions during September 2018: 1. Click the icon to view the transactions.) Requirement 1. Report these items on Six Mile Electronics' balance sheet at September 30, 2018. Six Mile Electronics Balance Sheet (partial) September 30, 2018 Account Amount Current liabilities: Choose from any list or enter any number in the input fields and then click Check Ans All parts showing Clear All ere to search Homework: CH08 - GRADED HOME Score: 0 of 1 pt 1 of 5 (0 compla E8-18A (similar to) Mile Electronics completed these selected transactions during September 2018: Click the icon to view the transactions.) Requirement 1. Report these items on Six Mile Electronics' balance sheet at September 30, 2018 Long-term liabilities: Choose from any list or enter any number in the input fields and then click Check Answer All parts showing Clear All here to search o 1
