Keesha Co. borrows $210,000 cash on December 1, 2013, by signing a 150-day, 9% note with a face value of $210,000

1a )Prepare journal entry to record issuance of the note on November 1, 2013.

1b) Prepare journal entry to record accrual of interest at the end of 2013

1c) Prepare journal entry to record payment of tl1 e note at maturity, assuming no reversing entries were made on January 1.

2. BMX Company has one employee. FICA Social Security taxes are 6.2% of the first $110, 100 paid to its employee, and FICA Medicare taxes are 1.45% of gross pay. For BMX, its FUTA taxes are 0.8% and SUTA taxes are 2.9% of the first $7,000 paid to its employee.

Gross Pay through August: $6480 Gross Pay for September: $810

Prepare the employer's September 30 journal entry to record the employer's payroll taxes expense and its related liabilities.