I need help completing the accounting cycle for a merchandise company using the perpetual inventory method, please. The pictures posted below are in order.

The tasks 1-11 are listed in the pictures.

The Fantastic Dress Shop Reviewing the Accounting Cycle for a Merchandise Company This practice set will help you review all the key concepts of a merchandise company, using the perpetual method of inventory valuation along with the integration of payroll, including the preparation of Form 941 . Because you are the professional bookkeeper for The Fantastic Dress Shop, we have gathered the following information for you. It will be your task to complete the accounting cycle for March using the knowledge and skills that you have acquired in this course. The company uses the perpetual inventory method. iompletion of the Accounting Cycle for a Merchandise Company Using the Perpetual Inventory Method The Fantastic Dress Shop was in existence prior to March. Below is a post-closing trial balance from February to show the permanent accounts that have balances from the previous month. You will use this information to help you get started in March. Balances in subsidiary ledgers as of March 1 are as follows: Payroll for the three employees of the Fantastic Dress Shop is paid monthly: The January and February payroll summary for all three employees is as follows: C H A P T E R 12 Completion of the Accounting Cycle for a Merchandise Company Using the Perpetual Inventory Method In March, salaries and cumulative earnings are as follows: 12 Completion of the Accounting Cycle for a Merchandlse Company Using the Perpet Your tasks are to do the following: 1. Set up the general journal, general ledgers, accounts receivable subsidiary ledgers, accounts payable subsidiary ledgers, and the auxiliary petty cash record. Update the beginning balances for March from the February ending balance information provided. 2. Journalize the transactions and prepare the auxiliary petty cash record. 3. Prepare the payroll register and journalize the payroll. 4. Post to the general ledgers and update the accounts payable and accounts receivable subsidiary ledgers. 5. Prepare a trial balance on the worksheet and complete the worksheet. 6. Prepare an income statement, statement of owner's equity, and classified balance sheet. 7. Journalize the adjusting and closing entries. 8. Post the adjusting and closing entries to the ledger. 9. Prepare a schedule of accounts receivable and a schedule of accounts payable. 10. Prepare a post-closing trial balance. 11. Complete Form 941 and sign it for the quarter ending March 31,202X. Completion of the Accounting Cycle for a Merchandise Company Using the Perpetual Inventory Method 1 Bach paid balance owed, no discount. 2 Purchased merchandise from Thomas Company on account, $7,000; terms 1/10,n/30. 2 Paid $10 from the petty cash fund for cleaning package, voucher no. 18 (consider it a cleaning expense). 3 Sold merchandise to Young Company on account, $8,000, invoice no. 51; terms 3/10,n/30. Cost of inventory, $2,510. 5 Paid $12 from the petty cash fund for postage, voucher no. 19. 6 Sold merchandise to Young Company on account, $8,000, invoice no. 52; terms 3/10,n/30. Cost of inventory, $2,240. 8 Paid $11 from the petty cash fund for first aid emergency, voucher no. 20. 9 Purchased merchandise from Thomas Company on account, $4,000; terms 1/10,n/30. 9 Paid $9 for delivery expense from petty cash fund, voucher no. 21. Relates to merchandise purchase. 9 Sold more merchandise to Young Company on account, $8,000, invoice no. 53 ; terms 3/10, n/30. Cost of inventory, $2,940. 9 Paid cleaning service, $100, check no. 110. 10 Young Company returned merchandise sold for $3,200 from invoice no. 52; the Fantastic Dress Shop issued credit memo no. 10 to Young Company for $3,200. Cost of inventory returned, \$1,025. 11 Purchased merchandise from Johnsons Company on account, $17,000; terms 3/15, n/60. 12 Sold merchandise for $37,000 cash. Cost of inventory, $11,480. 12 Paid Thomas Company invoice dated March 2, checkno. 111. 11 Purchased merchandise from Johnsons Company on account, $17,000; terms 3/15,n/60. 12 Sold merchandise for $37,000 cash. Cost of inventory, $11,480. 12 Paid Thomas Company invoice dated March 2, check no. 111. 13 Sold $5,000 of merchandise for cash. Cost of inventory, $2,900. 14 Returned merchandise to Johnsons Company in the amount of \$1,000; the Fantastic Dress Shop issued debit memo no. 4 to Johnsons Company. 14 Paid $6 from the petty cash fund for delivery expense, voucher no. 22. Relates to merchandise purchase. CHAPTE R 12 Completion of the Accounting Cycle for a Merchandise Company Using the Perpetual Inventory Method 15 Paid taxes due for FICA (Social Security and Medicare) and FIT for February payroll, checkno. 112. 15 Bridget withdrew $450 for her own personal expenses, check no. 113. 15 Paid state income tax for February payroll, check no. 114. 16 Received payment from Young Company for invoice no. 52, less discount and return. 16 Young Company paid invoice no. 51, \$8,000. 16 Sold merchandise to Bach Company on account, $4,600, invoice no. 54; terms 3/10,n/30. Cost of Inventory, $1,840. 21 Purchased delivery truck on account from Manny's Garage, $19,700. 22 Sold merchandise to Young Company on account, $5,000, invoice no. 55: terms 3/10, n/30. Cost of Inventory, $2,650. 23 Paid Johnsons Company the balance owed, check no. 115. 24 Sold merchandise to Bach Company on account, $1,940, invoice no. 56; terms 3/10,n/30. Cost of Inventory, $720. 25 Purchased merchandise for $1,800, check no. 116. 27 Purchased merchandise from Danmark Company on account, \$5,000; terms 1/10, n/30. 27 Paid $5 postage from the petty cash fund, voucher no. 23. 12 Completion of the Accounting Cycle for a Merchandise Company Using the Perp 27 Purchased merchandise from Danmark Company on account, $5,000; terms 1/10,n/30. 27 Paid $5 postage from the petty cash fund, voucher no. 23. 28 Young Company paid invoice no. 55 dated March 22, less discount. 28 Bach Company paid invoice no. 54 dated March 16. 29 Purchased merchandise from Thomas Company on account, $13,000; terms 1/10,n/30. 30 Sold merchandise to Danmark Company on account, $9,000, invoice no. 57 ; terms 3/10, n/30. Cost of Inventory, $2,100. 30 Issued check no. 117 to replenish the petty cash fund to the same level. Assume no shortage or overage. 30 Complete the payroll register. 30 Journalized payroll entry (to be paid on 31 st). 30 Journalized employer's payroll tax expense. 31 Paid payroll checks no. 118, no. 119, and no. 120. Additional Data A. During March, rent expired, $600. B. Truck depreciated, $400. C. Rental income earned, \$350 (one month's rent from subletting). D. Bridget Duval's dress shop is located at 1 Milgate Rd., Marblehead, MA 01945 . Its identification number is 33-4158215. THE FANTASTIC DRESS SHOP MINI PRACTICE SET REQUIREMENT 3 Prepare the payroll register using the worksheet in MyLab Accounting. REQUIREMENTS 4,8 ACCOUNTS PAYABLE SUBSIDIARY LEDGER NAME IOHNSONS CO. NAME MANNY'S GARAGE SG-583 Name Class Datc MINI PRACTICE SET NAME THOMAS CO. ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER NAME BACH CO. NAME DANMARK CO. SG.584 MINI PRACTICE SET NAME YOUNC CO. GENERAL LEDCER Name Class Date MINI PRACTICE SET PEITY FASH ACCOUNT NO. 111 ACCOUNTS RECEIVABLE ACCOUNT NO. 112 Narne Class Date MERCHANDISE INVENTORY ACCOUNT NO. 114 MINI PRACTICE SET PREPAID RENT ACCOUNT NO. 116 DELIVERY TRUCK ACCOUNT NO. 120 ACCUMULATED DEPRECIATION, DELIVERY TRUCK ACCOUNT NO. 121 Name Class Date MINI PRACTICE SET ACCOUNT NO. 210 ACCOUNT NO. 212 Name. Class Datc MINI PRACTICE SET FICA.SOCIAL SECURITY PAYABLE ACCOUNT NO. 216 FICA-MEDICARE PAYABLE ACCOUNT NO. 218 SIT PAYABLE ACCOUNT NO. 220 UNEARNED RENT ACCOUNT NO. 226 Name Class Date MINI PRACTICE SET B. DUVAL, CAPITAL ACCOUNT NO. 310 8. DUVAL, WITHDRAWAIS ACCOUNT NO. 320 INCOME SUMMARY ACCOUNT NO. 330 SALES ACCOUNT NO. 410 SALES RETURNS AND ALLLWANCES ACCOUNT NO. 412 Name Class Date MINI PRACTICE SET SALES DISCOUNT ACCOUNT NO. 414 RENTAL INCOME ACCOUNT NO. 416 COST OF GOODS SOLD ACCOUNT NO. 510 SALARIES EXPENSE ACCOUNT NO. 610 MINI PRACTICE SET PAYROLL TAX EXPENSE ACCOUNT NO. 612 CLEANING EXPENSE ACCOUNT NO. 614 DEPRECIATION EXPENSE, TRUCK ACCOUNT NO. 616 RENT EXPENSE ACCOUNT NO. 618 MINI PRACTICE SET PAYROLL TAX EXPENSE ACCOUNT NO. 612 CLEANING EXPENSE ACCOUNT NO. 614 DEPRECIATION EXPENSE, TRUCK ACCOUNT NO. 616 RENT EXPENSE ACCOUNT NO. 618 MINI PRACTICE SET POSTAGE EXPENSE ACCOUNT NO. 620 MISCELLANEOUS EXPENSE ACCOUNT NO. 624 MINI PRACTICE SET REQUIREMENT 5 Using the worksheet in MyLab Accounting, enter the trial balance and complete the workshect. THE FANTASTIC DRESS SHOP MINI PRACTICE SET THE FANTASTIC DRESS SHOP STATEMENT OF OWNER'S EQUITY THE FANTASTIC NRESS SHOD REQUIREMENT 9 THE FANTASTIC DRESS SHOP SCHEDULE OF ACCOUNTS RECEIVABLE MARCH 31, 202X THE FANTASTIC DRESS SHOP SCHEDULE OF ACCOUNTS PAYABLE MARCH 31, 202X REQUIREMENT 10 THE FANTASTIC DRESS SHOP POST-CLOSING TRIAL EALANCE MARCH 31, 202X SG-600 Read the separate ratnuctions bylore you complete Form 941. Type or print within the boris. Part 14 Answer these cuestions for this quartec. 1 Number of amployees who recehed wages, tiph, or other compensation for the pey period. 2. Wages, tips, and other oompensation 3. Federal income tax withheld from wages, fiph, and other compensabion 4. If no wages, 1ips, and other compensation are subject to social securty ar Medicare tax Check arsd go to line 6. 5a Taxable social security wages Sa (i) Qualfied siek leave wages 5a (9) Qualified fannly leave wages 5b. Taxable social security tips:. 5e Taxable Medicare wages 8tips Ed Taxable wages 8 tips subject to Additicenal Medicare Tax withhelding Se Total secial security and Medicare taxes. Add Colmn 2 trom ines 5s,5Sa,SaFl,80,5c, and 5dd St Section 3121(e) Notice and Demand -Tax due on unreported tips (see hatructional . - St 6 Total tares before adiustments. Add lines 3 , Se, and 54 7 Curfent quarter's adjustrmeat for fractions of cents 8. Current quarter's adjustment for siek pay 9 Current quarter's adjustments for tipa and group-term life insuranoe Total taxes after adiustments. Combine lines 6 through 9 Qual lied small business payrol tax credit for increasing research activities. Autach form 3974.11 a Nomrefundable portion of credit for qualified sick and family leave wages trem Werkshoet 1 1th fe Nonrefundable portion of employee retention credit trom Worksheet 1 ..., * . " its - You MUST complete all three pages of Form 941 and SIGN it. Privacy Act and Paperwork Reduetion Act Notice, see the back of the Payment Voucher. Cit. No. 170012. SG-601 MINI PRACTICE SET Narne hor your frade name) 950221 Part 1: Answer these questions for this quarter. (continued) 11 Total nonrefundable credits. Add lines 11a, 11b, and 11c.....111d 12 Total taxes after adjustments and nonrefundable credits. Subtract line 11 d from line 10 . 12 13a Total deposits for this quarter, including overpayment applied from a prior quarter and overpayments applied Irom Form 941- x, 941X P PF1, 944x, or 944 X (SP) Filed in the current quarter 13 a 13b Reserved for future use 13c Refundable portion of credit for qualified sick and family leave wages from Worksheet 1 13c| 13d Refundable portion of employee retention credit from Worksheet 1..........13d 13e Total deposits and refundable credits, Add lines 13a, 13c, and 13d ........ 13e| 131 Total advances received from fling Form(s) 7200 for the quarter. ..... 13t. 13g Total deposits and refundable credits less advances. Subtract line 13 from line 13e... . 13g 14 Balance due. If line 12 is more than line 139 , enter the diflerence and see instructions ... - 14 15 Overpayment. If line 13g is more than line 12 enter the difference Part 2: Tell us about your deposit schedule and tax liability for this quarter. If you're unsure about whether you're a monthly schedule depositor or a somiweekly schedule depositor, see section 11 of Pub. 15. 16 Check one: Line 12 on this return is less than $2,500 or line 12 on the return for the prior quarter was less than $2,500, and you didn't incur a $100,000 next-day deposit obligation during the current quarter. If line 12 tor the prior quarter was less than $2,500 but line 12 on tis retum is $100,000 or more, you must provide a record of your federal tax lability. If you'r a monthly schedule depositior, complete the deposit schodule below, If you're a somiweekly schedule depositor, attach Schedule B (Form 941 ). Go to Part 3 . You were a monthly schedule depositor for the entire quarter. Enter your tax liability for each month and total liability for the quarter, then go to Part 3. Tax liability: Month 1 Month 2 Month 3 Total liability for quarter Total must equal line 12 You were a semiweekly schedule depositor for any part of this quarter. Complete Schedule B (Form 941). Report of Tax Llability for Semiweekly Schedule Depositors, and attach is to Form 941. Go to Part 3. Pago2YouMUST Name Class Date MINI PRACTICE SET (CONCLUDED) Name por purbect namer Part Sy Tell us about your business, If a question does NOT apply to your business, leave if blank, 17 If your business has closed or you atopped paping wages Check here, and emar the final dato you paid wages 16. If you're a seasonal employer and you don't have to file a retum for every quarter of the year Chock here 19. Quateied health plan expenses atlocable to qualified sick leave wages 20 Qualified heatth plan empenses allocable to qualified family leave wages . . . . . . 20 21 Qualified wages for the employee retention credit 21 22 Qualified health plan expenses allocable to wages reported on line 21 . . . . . . 22 23 Credit from Form 5ies4-C, ine 11, for this quarter 24 Reserved for future use 24 25 eserved for future use 25 Part 4: May we speak with your third-party designee? Do you want to allow an empleyes, a paid tax preparer, of ansther person to discuss this petum with the IPST? See the instructions tor detalls. Yos. Designee's name and phone number Select a 5-digit personat identifcation number (PIN) to use when taloing to the IPS. Part 5: Sign here. You MUST complete all three pages of Form 941 and SIGN It. and beles, it is true, correct and complece. Declaration of prosere focher than taxpayer is bawed on at intormation of witich proparer has any knowlodge. SignyournameheretiteherePrimyournameherePrintyour Pest daytime phone Paid Preparer Use Only Check it you're selfiemployed Prepare's name The Fantastic Dress Shop Reviewing the Accounting Cycle for a Merchandise Company This practice set will help you review all the key concepts of a merchandise company, using the perpetual method of inventory valuation along with the integration of payroll, including the preparation of Form 941 . Because you are the professional bookkeeper for The Fantastic Dress Shop, we have gathered the following information for you. It will be your task to complete the accounting cycle for March using the knowledge and skills that you have acquired in this course. The company uses the perpetual inventory method. iompletion of the Accounting Cycle for a Merchandise Company Using the Perpetual Inventory Method The Fantastic Dress Shop was in existence prior to March. Below is a post-closing trial balance from February to show the permanent accounts that have balances from the previous month. You will use this information to help you get started in March. Balances in subsidiary ledgers as of March 1 are as follows: Payroll for the three employees of the Fantastic Dress Shop is paid monthly: The January and February payroll summary for all three employees is as follows: C H A P T E R 12 Completion of the Accounting Cycle for a Merchandise Company Using the Perpetual Inventory Method In March, salaries and cumulative earnings are as follows: 12 Completion of the Accounting Cycle for a Merchandlse Company Using the Perpet Your tasks are to do the following: 1. Set up the general journal, general ledgers, accounts receivable subsidiary ledgers, accounts payable subsidiary ledgers, and the auxiliary petty cash record. Update the beginning balances for March from the February ending balance information provided. 2. Journalize the transactions and prepare the auxiliary petty cash record. 3. Prepare the payroll register and journalize the payroll. 4. Post to the general ledgers and update the accounts payable and accounts receivable subsidiary ledgers. 5. Prepare a trial balance on the worksheet and complete the worksheet. 6. Prepare an income statement, statement of owner's equity, and classified balance sheet. 7. Journalize the adjusting and closing entries. 8. Post the adjusting and closing entries to the ledger. 9. Prepare a schedule of accounts receivable and a schedule of accounts payable. 10. Prepare a post-closing trial balance. 11. Complete Form 941 and sign it for the quarter ending March 31,202X. Completion of the Accounting Cycle for a Merchandise Company Using the Perpetual Inventory Method 1 Bach paid balance owed, no discount. 2 Purchased merchandise from Thomas Company on account, $7,000; terms 1/10,n/30. 2 Paid $10 from the petty cash fund for cleaning package, voucher no. 18 (consider it a cleaning expense). 3 Sold merchandise to Young Company on account, $8,000, invoice no. 51; terms 3/10,n/30. Cost of inventory, $2,510. 5 Paid $12 from the petty cash fund for postage, voucher no. 19. 6 Sold merchandise to Young Company on account, $8,000, invoice no. 52; terms 3/10,n/30. Cost of inventory, $2,240. 8 Paid $11 from the petty cash fund for first aid emergency, voucher no. 20. 9 Purchased merchandise from Thomas Company on account, $4,000; terms 1/10,n/30. 9 Paid $9 for delivery expense from petty cash fund, voucher no. 21. Relates to merchandise purchase. 9 Sold more merchandise to Young Company on account, $8,000, invoice no. 53 ; terms 3/10, n/30. Cost of inventory, $2,940. 9 Paid cleaning service, $100, check no. 110. 10 Young Company returned merchandise sold for $3,200 from invoice no. 52; the Fantastic Dress Shop issued credit memo no. 10 to Young Company for $3,200. Cost of inventory returned, \$1,025. 11 Purchased merchandise from Johnsons Company on account, $17,000; terms 3/15, n/60. 12 Sold merchandise for $37,000 cash. Cost of inventory, $11,480. 12 Paid Thomas Company invoice dated March 2, checkno. 111. 11 Purchased merchandise from Johnsons Company on account, $17,000; terms 3/15,n/60. 12 Sold merchandise for $37,000 cash. Cost of inventory, $11,480. 12 Paid Thomas Company invoice dated March 2, check no. 111. 13 Sold $5,000 of merchandise for cash. Cost of inventory, $2,900. 14 Returned merchandise to Johnsons Company in the amount of \$1,000; the Fantastic Dress Shop issued debit memo no. 4 to Johnsons Company. 14 Paid $6 from the petty cash fund for delivery expense, voucher no. 22. Relates to merchandise purchase. CHAPTE R 12 Completion of the Accounting Cycle for a Merchandise Company Using the Perpetual Inventory Method 15 Paid taxes due for FICA (Social Security and Medicare) and FIT for February payroll, checkno. 112. 15 Bridget withdrew $450 for her own personal expenses, check no. 113. 15 Paid state income tax for February payroll, check no. 114. 16 Received payment from Young Company for invoice no. 52, less discount and return. 16 Young Company paid invoice no. 51, \$8,000. 16 Sold merchandise to Bach Company on account, $4,600, invoice no. 54; terms 3/10,n/30. Cost of Inventory, $1,840. 21 Purchased delivery truck on account from Manny's Garage, $19,700. 22 Sold merchandise to Young Company on account, $5,000, invoice no. 55: terms 3/10, n/30. Cost of Inventory, $2,650. 23 Paid Johnsons Company the balance owed, check no. 115. 24 Sold merchandise to Bach Company on account, $1,940, invoice no. 56; terms 3/10,n/30. Cost of Inventory, $720. 25 Purchased merchandise for $1,800, check no. 116. 27 Purchased merchandise from Danmark Company on account, \$5,000; terms 1/10, n/30. 27 Paid $5 postage from the petty cash fund, voucher no. 23. 12 Completion of the Accounting Cycle for a Merchandise Company Using the Perp 27 Purchased merchandise from Danmark Company on account, $5,000; terms 1/10,n/30. 27 Paid $5 postage from the petty cash fund, voucher no. 23. 28 Young Company paid invoice no. 55 dated March 22, less discount. 28 Bach Company paid invoice no. 54 dated March 16. 29 Purchased merchandise from Thomas Company on account, $13,000; terms 1/10,n/30. 30 Sold merchandise to Danmark Company on account, $9,000, invoice no. 57 ; terms 3/10, n/30. Cost of Inventory, $2,100. 30 Issued check no. 117 to replenish the petty cash fund to the same level. Assume no shortage or overage. 30 Complete the payroll register. 30 Journalized payroll entry (to be paid on 31 st). 30 Journalized employer's payroll tax expense. 31 Paid payroll checks no. 118, no. 119, and no. 120. Additional Data A. During March, rent expired, $600. B. Truck depreciated, $400. C. Rental income earned, \$350 (one month's rent from subletting). D. Bridget Duval's dress shop is located at 1 Milgate Rd., Marblehead, MA 01945 . Its identification number is 33-4158215. THE FANTASTIC DRESS SHOP MINI PRACTICE SET REQUIREMENT 3 Prepare the payroll register using the worksheet in MyLab Accounting. REQUIREMENTS 4,8 ACCOUNTS PAYABLE SUBSIDIARY LEDGER NAME IOHNSONS CO. NAME MANNY'S GARAGE SG-583 Name Class Datc MINI PRACTICE SET NAME THOMAS CO. ACCOUNTS RECEIVABLE SUBSIDIARY LEDGER NAME BACH CO. NAME DANMARK CO. SG.584 MINI PRACTICE SET NAME YOUNC CO. GENERAL LEDCER Name Class Date MINI PRACTICE SET PEITY FASH ACCOUNT NO. 111 ACCOUNTS RECEIVABLE ACCOUNT NO. 112 Narne Class Date MERCHANDISE INVENTORY ACCOUNT NO. 114 MINI PRACTICE SET PREPAID RENT ACCOUNT NO. 116 DELIVERY TRUCK ACCOUNT NO. 120 ACCUMULATED DEPRECIATION, DELIVERY TRUCK ACCOUNT NO. 121 Name Class Date MINI PRACTICE SET ACCOUNT NO. 210 ACCOUNT NO. 212 Name. Class Datc MINI PRACTICE SET FICA.SOCIAL SECURITY PAYABLE ACCOUNT NO. 216 FICA-MEDICARE PAYABLE ACCOUNT NO. 218 SIT PAYABLE ACCOUNT NO. 220 UNEARNED RENT ACCOUNT NO. 226 Name Class Date MINI PRACTICE SET B. DUVAL, CAPITAL ACCOUNT NO. 310 8. DUVAL, WITHDRAWAIS ACCOUNT NO. 320 INCOME SUMMARY ACCOUNT NO. 330 SALES ACCOUNT NO. 410 SALES RETURNS AND ALLLWANCES ACCOUNT NO. 412 Name Class Date MINI PRACTICE SET SALES DISCOUNT ACCOUNT NO. 414 RENTAL INCOME ACCOUNT NO. 416 COST OF GOODS SOLD ACCOUNT NO. 510 SALARIES EXPENSE ACCOUNT NO. 610 MINI PRACTICE SET PAYROLL TAX EXPENSE ACCOUNT NO. 612 CLEANING EXPENSE ACCOUNT NO. 614 DEPRECIATION EXPENSE, TRUCK ACCOUNT NO. 616 RENT EXPENSE ACCOUNT NO. 618 MINI PRACTICE SET PAYROLL TAX EXPENSE ACCOUNT NO. 612 CLEANING EXPENSE ACCOUNT NO. 614 DEPRECIATION EXPENSE, TRUCK ACCOUNT NO. 616 RENT EXPENSE ACCOUNT NO. 618 MINI PRACTICE SET POSTAGE EXPENSE ACCOUNT NO. 620 MISCELLANEOUS EXPENSE ACCOUNT NO. 624 MINI PRACTICE SET REQUIREMENT 5 Using the worksheet in MyLab Accounting, enter the trial balance and complete the workshect. THE FANTASTIC DRESS SHOP MINI PRACTICE SET THE FANTASTIC DRESS SHOP STATEMENT OF OWNER'S EQUITY THE FANTASTIC NRESS SHOD REQUIREMENT 9 THE FANTASTIC DRESS SHOP SCHEDULE OF ACCOUNTS RECEIVABLE MARCH 31, 202X THE FANTASTIC DRESS SHOP SCHEDULE OF ACCOUNTS PAYABLE MARCH 31, 202X REQUIREMENT 10 THE FANTASTIC DRESS SHOP POST-CLOSING TRIAL EALANCE MARCH 31, 202X SG-600 Read the separate ratnuctions bylore you complete Form 941. Type or print within the boris. Part 14 Answer these cuestions for this quartec. 1 Number of amployees who recehed wages, tiph, or other compensation for the pey period. 2. Wages, tips, and other oompensation 3. Federal income tax withheld from wages, fiph, and other compensabion 4. If no wages, 1ips, and other compensation are subject to social securty ar Medicare tax Check arsd go to line 6. 5a Taxable social security wages Sa (i) Qualfied siek leave wages 5a (9) Qualified fannly leave wages 5b. Taxable social security tips:. 5e Taxable Medicare wages 8tips Ed Taxable wages 8 tips subject to Additicenal Medicare Tax withhelding Se Total secial security and Medicare taxes. Add Colmn 2 trom ines 5s,5Sa,SaFl,80,5c, and 5dd St Section 3121(e) Notice and Demand -Tax due on unreported tips (see hatructional . - St 6 Total tares before adiustments. Add lines 3 , Se, and 54 7 Curfent quarter's adjustrmeat for fractions of cents 8. Current quarter's adjustment for siek pay 9 Current quarter's adjustments for tipa and group-term life insuranoe Total taxes after adiustments. Combine lines 6 through 9 Qual lied small business payrol tax credit for increasing research activities. Autach form 3974.11 a Nomrefundable portion of credit for qualified sick and family leave wages trem Werkshoet 1 1th fe Nonrefundable portion of employee retention credit trom Worksheet 1 ..., * . " its - You MUST complete all three pages of Form 941 and SIGN it. Privacy Act and Paperwork Reduetion Act Notice, see the back of the Payment Voucher. Cit. No. 170012. SG-601 MINI PRACTICE SET Narne hor your frade name) 950221 Part 1: Answer these questions for this quarter. (continued) 11 Total nonrefundable credits. Add lines 11a, 11b, and 11c.....111d 12 Total taxes after adjustments and nonrefundable credits. Subtract line 11 d from line 10 . 12 13a Total deposits for this quarter, including overpayment applied from a prior quarter and overpayments applied Irom Form 941- x, 941X P PF1, 944x, or 944 X (SP) Filed in the current quarter 13 a 13b Reserved for future use 13c Refundable portion of credit for qualified sick and family leave wages from Worksheet 1 13c| 13d Refundable portion of employee retention credit from Worksheet 1..........13d 13e Total deposits and refundable credits, Add lines 13a, 13c, and 13d ........ 13e| 131 Total advances received from fling Form(s) 7200 for the quarter. ..... 13t. 13g Total deposits and refundable credits less advances. Subtract line 13 from line 13e... . 13g 14 Balance due. If line 12 is more than line 139 , enter the diflerence and see instructions ... - 14 15 Overpayment. If line 13g is more than line 12 enter the difference Part 2: Tell us about your deposit schedule and tax liability for this quarter. If you're unsure about whether you're a monthly schedule depositor or a somiweekly schedule depositor, see section 11 of Pub. 15. 16 Check one: Line 12 on this return is less than $2,500 or line 12 on the return for the prior quarter was less than $2,500, and you didn't incur a $100,000 next-day deposit obligation during the current quarter. If line 12 tor the prior quarter was less than $2,500 but line 12 on tis retum is $100,000 or more, you must provide a record of your federal tax lability. If you'r a monthly schedule depositior, complete the deposit schodule below, If you're a somiweekly schedule depositor, attach Schedule B (Form 941 ). Go to Part 3 . You were a monthly schedule depositor for the entire quarter. Enter your tax liability for each month and total liability for the quarter, then go to Part 3. Tax liability: Month 1 Month 2 Month 3 Total liability for quarter Total must equal line 12 You were a semiweekly schedule depositor for any part of this quarter. Complete Schedule B (Form 941). Report of Tax Llability for Semiweekly Schedule Depositors, and attach is to Form 941. Go to Part 3. Pago2YouMUST Name Class Date MINI PRACTICE SET (CONCLUDED) Name por purbect namer Part Sy Tell us about your business, If a question does NOT apply to your business, leave if blank, 17 If your business has closed or you atopped paping wages Check here, and emar the final dato you paid wages 16. If you're a seasonal employer and you don't have to file a retum for every quarter of the year Chock here 19. Quateied health plan expenses atlocable to qualified sick leave wages 20 Qualified heatth plan empenses allocable to qualified family leave wages . . . . . . 20 21 Qualified wages for the employee retention credit 21 22 Qualified health plan expenses allocable to wages reported on line 21 . . . . . . 22 23 Credit from Form 5ies4-C, ine 11, for this quarter 24 Reserved for future use 24 25 eserved for future use 25 Part 4: May we speak with your third-party designee? Do you want to allow an empleyes, a paid tax preparer, of ansther person to discuss this petum with the IPST? See the instructions tor detalls. Yos. Designee's name and phone number Select a 5-digit personat identifcation number (PIN) to use when taloing to the IPS. Part 5: Sign here. You MUST complete all three pages of Form 941 and SIGN It. and beles, it is true, correct and complece. Declaration of prosere focher than taxpayer is bawed on at intormation of witich proparer has any knowlodge. SignyournameheretiteherePrimyournameherePrintyour Pest daytime phone Paid Preparer Use Only Check it you're selfiemployed Prepare's name