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Jenkins Electronics completed those selected transactions during March 2018: Click the icon to view the transactions) Requirement 1. Report these items on Jenkins Electronics' balance

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Jenkins Electronics completed those selected transactions during March 2018: Click the icon to view the transactions) Requirement 1. Report these items on Jenkins Electronics' balance sheet at March 31, 2018. Select the balance sheet accounts, then calculate each account balance and the total current abilities amount at March 31, 2018. (For the FICA tax, bo sure to include both the employer and employee share of the tax Round all amounts to the nearest whole dollar. If a box is not used in the table leave the box empty, do not select a label or enter a zero) Jenkins Electronics Balance Sheet (partin) March 31, 2018 Account Amount Current liabilities - Transactions a. Sales of $2,000,000 are subject to an accrued warranty cost of 3%. The accrued warranty payable at the beginning of the year was $36,000, and warranty payments for the year totaled $63,000. b. On March 1, Jenkins Electronics signed a $25,000 note payable that requires annual payments of $5,000 plus 3% interest on the unpaid balance beginning March 1, 2019. c. McLean, Inc., a chain of discount stores, ordered $110,000 worth of wireless speakers and related products. With its order, McLean, Inc., sent a check for $110,000 in advance, and Jenkins shipped $45,000 of the goods. Jenkins will ship the remainder of the goods on April 3, 2018. d. Jenkins's March payroll of $260,000 is subject to employee withheld income tax of $30,000 and FICA tax of 7.65%. On March 31, Jenkins pays employees their take-home pay and accrues all tax amounts. Jenkins Electronica completed these selected transactions during March 2018 (Click the icon to view the transactions) Requirement 1. Report these terms on Junkins Electronics' balance sheet at March 31, 2018 CD Select the balance sheet accounts, then calculate each account balance and the total current liabilities amount at March 31, 2018. (For the FIGA tax, be sure to include both the employer and employee share of the tax Round all amounts to the nearest whole dollar la box is not used in the table love the box omply, do not select a label or enter a zero) Jenkins Electronics Balance Sheet (partial) March 31, 2016 Account Amount Current bien Long term liabilities

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