$JH$ Company has recording payroll and payroll tax entries for the pay period ending March $15,203.$ Federal income tax withheld for this pay period is $$8,500.$ Social security taxes are only paid on the first $$137,700$ paid to each employee. Medicare taxes are applied to the entire gross earnings of each employee. FUTA and SUTA taxes are applied to the first $$7,000$ earned by each employee. A detail of the gross earnings of each employee is included below.

$\backslash$table$[[,\backslash$table$[[$Gross Earnings Prior to$],[$Current Pay Period$]],\backslash$table$[[$Gross Earnings for$],[$Current Pay Period$]],,],[$Jesse Lapenna,$$,15,000,$$$,2,000],[$Dannie Tehr,$$,1,500,$$$,500],[$Jeni Soto,$$,70,000,$$$,22,000]]$

Journalize the company's payroll for the week using a social security tax rate of $6\mathrm{.}2\%$ and a Medicare tax rate of $1\mathrm{.}45\%$

Journalize the company's payroll tax for the week using a SUTA tax rate of $5\mathrm{.}4\%$ and a FUTA tax rate $\mathrm{.}6\%.$

$\backslash$table$[[$Date$,$Account,Debit,Credit$],[\frac{x}{x}\frac{?}{20xx},,,],[,,,],[,,,],[,,,],[,,,]]$

On June $5,$ ABC Company issues a $$10,000,5\%,90-$day note.

Calculate the interest on the note.

Calculate the maturity value on the note.

Calculate the due date for the note.

How must interest accrued each month?

$\backslash$table$[[$June$,],[$July$,],[$August$,],[$September$,],[$Total$,$$