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PROBLEM 1-ANALYSIS OF TRANSACTIONS-52% INSTRUCTIONS: Indicate the titles of the general ledger accounts to be debited and credited in recording the transactions below by inserting

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PROBLEM 1-ANALYSIS OF TRANSACTIONS-52% INSTRUCTIONS: Indicate the titles of the general ledger accounts to be debited and credited in recording the transactions below by inserting in the appropriate column the letters of the account titles listed. ACCOUNTS K. Medicare Tax Payable L. Notes Payable M. Notes Receivable N. Payroll Tax Expense O. State Unemployment Tax Payable F. Social Security Tax Payable G. Interest Expense H. Interest Revenue I. Interest Payable J. Interest Receivable A. Accounts Payable B. Accounts Receivable C. Cash D. Employees Income Tax Payable E. Federal Unemployment Tax Payable oieedscao For For Debit Scoring Credit Scoring TRANSACTIONS 0 0. Issued an interest-bearing note to a creditor on account... 1-2. Paid the note issued in Question O.." 3-4. Discounted our note payable at the bank 5-6. Paid the note issued in Question 34 7-8. Prepared journal entry to record the employer's payroll taxes (FICA, A 0. 2. 6 5 7. federal unemployment, and state unemployment)

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