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Jenkins Electronics completed these selected transactions during June 2021: Requirement 1. Report these items on Jenkins Electronics' balance sheet at June 30, 2021. Select the

Jenkins Electronics completed these selected transactions during June 2021:

Requirement 1. Report these items on

Jenkins Electronics' balance sheet at June 30, 2021.

Select the balance sheet accounts, then calculate each accounts' balance and the total current liabilities amount at June 30, 2021. (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 an input field is not used in the table leave the field empty; do not select a label or enter a zero.)

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Transactions a. Sales of $2,500,000 are subject to an accrued warranty cost of 8%. The accrued warranty payable at the beginning of the year was $39,000, and warranty payments for the year totaled $61,000. b. On June 1, Jenkins Electronics signed a $35,000 note payable that requires annual payments of $7,000 plus 4% interest on the unpaid balance beginning June 1,2022. c. Harvey, Inc., a chain of discount stores, ordered $100,000 worth of wireless speakers and related products. With its order, Harvey, Inc., sent a check for $100,000 in advance, and Jenkins shipped $75,000 of the goods. Jenkins will ship the remainder of the goods on July 3,2021. d. Jenkins's June payroll of $200,000 is subject to employee withheld income tax of $30,300 and FICA tax of 7.65%. On June 30 , Jenkins pays employees their take-home pay and accrues all tax amounts. Jenkins Electronics

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