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need help recording 1-3 in the general journal The trial balance of Pacilio Security Services, Inc. as of January 1, Year 11, had the following
need help recording 1-3 in the general journal
The trial balance of Pacilio Security Services, Inc. as of January 1, Year 11, had the following normal balances Cash Petty cash Accounts receivable Allowance for doubtful accounts: Supplies Merchandise inventory (48 $300) Equipment Van Building Accumulated depreciation Land Sales tax payable Employee income tax payable FICA-Social Security tax payable FICA-Medicare tax payable Warranty payable Unemployment tax payable Notes payable-Building Bonds payable Discount on bonds payable Common stock Retained earnings $ 113, 718 100 39, 398 4,662 210 14,400 9,000 27,000 125,000 28,075 25,000 3.90 1,000 840 210 918 945 92.762 50, Dee Hoe 50, 880 124,816 During Year 11. Pacilio Security Services experienced the following transactions. 1. Paid the sales tax payable from Year 10. 2. Paid the balance of the payroll liabilities due for Year 10 federal income tax, FICA taxes, and unemployment taxes). 3. Issued 5,000 additional shares of the $5 par value common stock for $8 per share 4. Issued 1,000 shares of $50 stated value. 5 percent cumulative preferred stock for $52 per share. Purchased 500 ofisuales on account Journal entry worksheet Paid the balance of the payroll liabilities due for Year 10 (federal income tax, FICA taxes, and unemployment taxes). Note: Enter debits before credits. Debit Credit Date General Journal 25,000 Jan 10 Cash Salaries expense 25,000 View general Journal Clear entry antre Journal entry worksheet 3 4 un 5 6 OR 7 8 33 > ... Issued 5,000 additional shares of the $5 par value common stock for $8 per share. Note: Enter debits before credits Date General Journal Debit Credit Feb 02 View general journal Record entry Clear entry Step by Step Solution
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