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On October 1, the compary bertows $1,000,000 cash from the band to expand operatiens. The cempaty aipna a 1 6. How was the loan classified

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On October 1, the compary bertows $1,000,000 cash from the band to expand operatiens. The cempaty aipna a 1 6. How was the loan classified on the company's December 32,2022 talance sheet? A. Current liability B. Long term liabiliky C. Note discloaure oply D. Stockhalder' Equity 7. How was the loan classified on the company's December 31, 20m3 ttatement of cant flem? A. Operating activity A. Investing activity C. Finanding activity D. Not shown on the statement of cash form 8. s Hew much interest should be acerued on December 31, 2023-iassume ne previbus anber wis recorded for intereat on the loan)? 9. 5 When thenateis paid at matwity [September 30, 2024) how much cash is gaid te the bunk? 10. $ When the note is puid at maturity in the second actounling vear, hew much does net incove decrease? On fuly dst compary borrews $200,000by ituing a one-year note sompounding annualy, Intertst is papable at maturity. 11. 3 Determine the amount of interest expense that should be recorded in a vear end ad usting entsy swuming 88 interest rate and a focal year-end September 39. 12. : Deterrine the ampunt of interest expense that whould be recerded in a rear-end af uating entry anduming a 96 interest rate and a fiscal vear-end December 31. 13. 5 Determine the anount of interest expense that should be recorded in a prar end af uatinc entry asuming a 7W interest rate and a fiscal vear-end March 31. You have been working at a local distributor. Your biweekly saiary is $1,500. Your averape inceme tan rate is 10s plus FICA taxes at 7.65\%. Your employer provides healt insurance to you athich costs vour engloper $359 per pay and costs you $50 per par fassume this is after taxt. Determine the following based on rour pary for pour tast parcheck of the vear, 14. 5 How much will your employer withold from your paycheck for federal inceme tanes? 15. 3 decimal places] 16. s How much will your employer direct depest inte your bank account for vour pay? lraved to two decimal places? 17. 5 What it your total cast to vaut employer for the bi werbly pay period? linend to tare dectional places! 18. 5 If you work 80 hours bi weekly, what is the average hourly cost to your employes for pour services

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