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im having trouble with these two problems, if possible when you solve then can you anwer in an excel spreed sheet so i can clearly

im having trouble with these two problems, if possible when you solve then can you anwer in an excel spreed sheet so i can clearly see where i went wrong and where to insert values, thank you have a great rest of the day! image text in transcribed
image text in transcribed
M10-4 Reporting Payroll Tax Llabilities (LO 10-21 Lightning Blectronics is a midsize manufacturer of lithium batteries. The company's payroll records for the November 1-14 pay period show that employees eamed wages totaling $62,000 but that employee Income taxes totaling $9.400 and FICA taxes totalina $3.225 were withheld from this amount. The not pay was directly deposited into the employees' bank accounts. Assume Lighting Electronics also must pay $370 of unemployment taxes for this pay period. Prepare the joumal entry or entries that Lightning would use to record the payroll Include both employee and employer taxes (if no entry is required for a transaction/event, select "No Journal Entry Required in the first account field.) Answer is not complete. Credit Transaction 1 Debit 65,595 S General Journal alaries and Wages Expense Income Tax Expense FICA Payable Unemployment Tax Payable 0.400 6,450 370 B 2 No Transaction Recorded M10-5 Reporting Current and Noncurrent Portions of Long-Term Debt [LO 10-2] On December 1, 2018, your company borrowed $25,500, a portion of which is to be repald each year on November 30. Specifically your company will make the following principal payments: 2019, $3,400, 2020, $5,1002021, $6,800, and 2022. $10.200. Show how this loan will be reported in the December 31, 2019 and 2018 balance sheets, assuming principal payments will be made when required. Balance Sheet (Partial) As of December 31 2019 2018 OTHER SEAT ET Total Liabilites $

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