Outdoor Adventure Company's Anya Wallace is continuing her analysis of the company's position and believe the company will need to borrow $28,000 in order to expand operations. They consult White Water Bank and secure a 12%, one-year note on September 1, 2025, with interest due at maturity. Additionally, the company hires an employee, Jacob VanHom, on September 1. Jacob will receive a salary of $1,500 per month. Payroll deductions include federal income tax at 20%, OASDI at 6.2%, Medicare at 1.45%, and monthly health insurance premium of $190. The company will Incur matching FICA taxes, FUTA tax at 0.6%, and SUTA tax at 5.4%. Round calculations to two decimals. Omit explanations on journal entries. Read the requirements Requirement 1. Record the issuance of the $28,000 note payable on September 1, 2025. (Record debits first, then credits. Exclude explanations from any journal entries) Date 2025 Sep. 1 Accounts Debit Credit Requirement 2. Record the employee payroll and employer payroll tax entries on September 30, 2025. (Round all calculations to two decimal places. Record debits first, then credits. Exclude explanations from any journal entries.) Start by preparing the compound journal entry to record salaries expense and payroll withholdings on September 30, 2025. Do not record the employer payroll tax with this entry. We will do that ine the following step Date 2025 Sep. 30 Accounts Debit Credit Prepare the compound journal entry to record employer payroll taxes on September 30, 2025. Date 2025 Sep. 30 Accounts Debit Credit Requirement 3. Record all payments related to September's payroll. Payments are made on October 15, 2025. (Round all calculations to two decimal places. Record debits first, then credits Exclude explanations from any journal entries.) Begin by recording the entry to show the payment to Jacob VanHom. Do not record the payment of employer payroll taxes and employee withholdings yet. We will do that in the following step. Date 2025 Oct. 15 Accounts Debit Credit Now record a compound journal entry for the payment of employer payroll taxes and employee withholdings. Date 2025 Oct. 15 Accounts Debit Credit Requirement 4. Record the entry to accrue interest due on the note at December 31, 2025. (Round all calculations to two decimal places. Record debits first, then credits Exclude Jup any journal entries) Date 2025 Dec. 31 Accounts Debit Credit Requirement 5. Record the entry Outdoor Adventure Company would make to record the payment to the bank on September 1, 2026 (Record debits first, then credits. Exclude explanations from any journal entries.) Date Accounts Debit Credit 2026 Sep 1