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Jenkins Electronics completed these selected transactions during September 2018: Cick the icon to view the transactions.) Requirement Report these items on Jenkins Electronics' balance sheet
Jenkins Electronics completed these selected transactions during September 2018: Cick the icon to view the transactions.) Requirement Report these items on Jenkins Electronics' balance sheet at September 30, 2018. Balance Sheet (partial) i September 30, 2018 Transactions Account Amount Curent abilties Accrued warranty payable a. Sales of $2,100,000 are subject to an accrued warranty cost of 2%. The accrued warranty payable at the beginning of the year was $39,000, and warranty payments for the year totaled $55,000. b. On September 1, Jenkins Electronics signed a S40,000 holo payabld $8,000 plus 6% interest on the unpaid ared $135.000 worth of wireless speakers and related products c. Jacoo, lacob. Inc, sent a check for $135,000 in advance, and Jenkins shipped $45,000 of the Current portion of long-term note payable uires annual payments of nteest payable Uneamed sales revenue goods. Jenkins will ship the remainder of the goods on October 3, 2018 d. Jenkins's September payroll of $270,000 is subject to employee withheld income tax of $30.200 and FICA tax of 7.65%. On September 30, Jenkins pays employees their take-home pay and accrues all tax amounts Employee withheld income tax payable FICA tax payable Total ourtent labilties
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