Please help! correct answers def get thumbs up , not all the same questions! Many thanks in advance (practice exam)

Determine the prior Year and Current Year common-size percents for cost of goods sold using net sales as the base. (Enter the answers in thousands of dollars.) (s thousands) Net sales Cost of goods sold Current Prior Yea Year SB03,338 $ 454,951 394,621 135,683 Common-Size Percent for Cost of Goods Sold using Net Sales as the base Choose Numerator: Choose Denominator: Common-Size Percents Current Year: Prior Year: On January 15, the end of the first pay period of the year, North Company's employees earned $50,000 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.2%, FICA Medicare taxes at the rate of 1.45%, $2,300 of federal income taxes, $1,175 of medical Insurance deductions, and $220 of union dues. No employee earned more than $7,000 in this first period. Prepare the journal entry to record North Company's January 15 salaries expense and related liabilities. View transaction list Journal entry worksheet Record the employee payroll for period. Note: Enter debits before credits. General Journal Debit Credit Date Jan 15 Nout Help On January 1, MM Co. borrows $350,000 cash from a bank and in return signs an 4% Installment note for five annual payments of $78,619 each. 1. Prepare the journal entry to record Issuance of the note. 2. For the first $78,619 annual payment at December 31, what amount goes toward Interest expense? What amount goes toward principal reduction of the note? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare the journal entry to record issuance of the note. View transaction list Journal entry worksh On January 1, MM Co. borrows $350,000 cash from a bank and in return signs an 4% Installment note for five annual payments of $78,619 each. 1. Prepare the journal entry to record Issuance of the note. 2. For the first $78,619 annual payment at December 31, what amount goes toward Interest expense? What amount goes toward principal reduction of the note? Complete this question by entering your answers in the tabs below. Required 1 Required 2 For the first $78,619 annual payment at December 31, what amount goes toward interest expense? What amount goes toward principal reduction of the note? Interest expense Principal reduction Required 1