Company Information & Spa Accent Loa King Competencer 1.1804. The main plot the company in high end Cosypywritised teen 20. The company was the permeten Fette The company follows calendar ye wall ng made ecoce. They were right proti for all deperibile in The company decided to the slow moted account for collectible com the phra, Past wity studenly, the sms less 1544 x y lanur 15 #Kaur will cafele Technet dat ek lysdy carry the way The company has to employees, clay 454200 per hed the therapie in the manager waha salary of Stalis proceeds the last day of the method the team of the This New Sex Poblete bepales December Required 1) Lawn King Company engaged in the falling treated for ember and December Record the following transactie Trattab Maar ninritis thae Nor tatar piterala TEN IST SIE 3000 mm N Trypande store and grow.career het lance. The und med Nevrofor Ivo Ware SEO PRECISCO FOR Dette SPEC. 38. 15. Som ruchored 12f138 contem. Po Shipping of 150 pd them the TENIR STRO 1002903, componentit The To Ships Record het 2 Rewed Youth November NON SOLO in prepared paproll te verbete fet per fe company record de Salurcs Expex entry fest Federal Termos Surencome Tus Rates YXATK75 The final dos campo Daredes complexo B 3 will profuman I-D company offers by 10 Thinsula theeshet. PRIMER TRITO ordenador SEM Da Pune ESSENY ROLLER 15. cm dhe Bers 2.Bas Recared med many - Prepared for the December for the computed the Solar Eyfint The dos TR-11 Mang lung lan Rang - TICAR all the Bally Trees is the age the edge As of her life. Record way adjusters for the Adjie parece stede Read More I do Nyalan No der licence SENT he TRE 3 sobre el tee 5.0 Post wit the Adjusting Kates to the Ledgers the Ledger 5 the balances in the edge restes de trial balance the Med Trial Balance the a the wested that berupa separate the accetta Bed the tested trial balance, prepare the statement of stockholders' equally the quality Statemental Based on the wested in bale,pepe banches the whole Prepare the linge (DO NOT POST them to the edge produce there. Where the headers PeTrial Balance. Descary for a free and for de 1) Calculate the reathe Rab 1-Nov The company purchased a computer system for $20000 and signed a one-year note for the entire balance. The note is due on November 1, 2025 and has an annual rate of interest of 3% 2 Nov Paid for two years rent on the office space, $18000 3-Nov Purchased 10 tractors at a total cost of $1100 each for cash, FOB Destination 4-Nov Purchased $1700 of supplies on account, term 1/30. 15-Nov Purchased 12 tractors at a total cost of $1210 each on account, terms 1/30, FOB Destination Shipping of $150 was paid to the shipping company by the appropriate party 17-Nov Paid for the supplies purchased on November 4 18-Nov Paid for a two year insurance policy for the store. $12000. The policy was effective beginning December 1, 2024 20-Nov Sold 17 tractors for $3200 each on account, terms 2/10, 1/30, the company uses FIFO to find the cost of goods sold. The printers were shipped FOB Shipping Point. Record the sales revenue first 28 Nov Received payment in full on account from the November 20 sale. 29-Nov Paid for November's utilities bill $1700 30 Nov Prepared payroll for the month of November, the first payroll for the company. Record the Salares Expense entry first. The tax rates are as follows: Federal Income Tax Rate -15% NC State Income Tax Rate -10% FICA Tax Rate -7.65% Unemployment Tax Rate -6% on the first $7000 of each employees earnings per year. 1-Dec Paid the employees the amount due to them from the November 30 payroll, taxes will be paid in January 1-Dec The company borrowed $60000 from Bank of America by signing a 10 year,4% note. The note requires annual payments of $7397 beginning December 1, 2025 1-Dec Purchased a new delivery truck to save customers on shipping. The total cost of the Delivery Truck was $70000. 4-Dec Paid the amount due from the November 15 purchase. 5-Dec Dedared and paid $4000 in cash dividends to the stockholders of the company 6-Dec Purchased $1700 of supplies on account, term 1/30. D 7-Dec Purchased 20 tractors at a cost of $1331 each on account, terms n/30, FOB Destination 15-Dec sold 18 tractors for $3520 each on account, terms 2/10, 1/30, the company uses FIFO to find the cost of goods sold. Record the sales revenue first. 1 18-Dec paid for an ad in the local newspaper, $1700. 24-Dec Received $28160 payment for 8 tractors to be shipped on January 8, 2025. 31-Dec Prepared payroll for the month of December, the first payroll for the company. Record the Salaries Expense entry first. The tax rates are as follows: 5 Federal Income Tax Rate -15% 26 NC State Income Tax Rate -10%. 17 FICA Tax Rate -7.65% 28 Unemployment Tax Rate - 6% on the first $7000 of each employees earnings per year. 50 2) Post all the Dally Transactions to the Ledger on the Ledger tab. 51 3 4 19 52 3) As of December 31, a search revealed the following information Record any necessary adjusting entries for the year on the Adjusting Entries tab. 53 1 The computer equipment purchased on November 1 has a Swear life and an expected residual (salvage) value of $2000 54 2 Record any interest that has accrued on the note signed on November 1 for the computer system 553 The rent pald on November 2 is for two years beginning on November 1 56 4 The insurance policy purchased on November 18 is effective beginning December 1 57 5 Supplies on hand as of December 31 totaled $510. 58 6 The delivery truck purchased on December 1 has a 10 year life and an expected residual (salvare) value of $7000 59 7 Accrue the interest, if needed, on the note signed on December 1 60 8 Record any bad debt expense for the year ended December 31. If needed, round to the nearest dollar 619 Utilites accrued but not yet paid as of December 31 totaled $1500, Company Information & Spa Accent Loa King Competencer 1.1804. The main plot the company in high end Cosypywritised teen 20. The company was the permeten Fette The company follows calendar ye wall ng made ecoce. They were right proti for all deperibile in The company decided to the slow moted account for collectible com the phra, Past wity studenly, the sms less 1544 x y lanur 15 #Kaur will cafele Technet dat ek lysdy carry the way The company has to employees, clay 454200 per hed the therapie in the manager waha salary of Stalis proceeds the last day of the method the team of the This New Sex Poblete bepales December Required 1) Lawn King Company engaged in the falling treated for ember and December Record the following transactie Trattab Maar ninritis thae Nor tatar piterala TEN IST SIE 3000 mm N Trypande store and grow.career het lance. The und med Nevrofor Ivo Ware SEO PRECISCO FOR Dette SPEC. 38. 15. Som ruchored 12f138 contem. Po Shipping of 150 pd them the TENIR STRO 1002903, componentit The To Ships Record het 2 Rewed Youth November NON SOLO in prepared paproll te verbete fet per fe company record de Salurcs Expex entry fest Federal Termos Surencome Tus Rates YXATK75 The final dos campo Daredes complexo B 3 will profuman I-D company offers by 10 Thinsula theeshet. PRIMER TRITO ordenador SEM Da Pune ESSENY ROLLER 15. cm dhe Bers 2.Bas Recared med many - Prepared for the December for the computed the Solar Eyfint The dos TR-11 Mang lung lan Rang - TICAR all the Bally Trees is the age the edge As of her life. Record way adjusters for the Adjie parece stede Read More I do Nyalan No der licence SENT he TRE 3 sobre el tee 5.0 Post wit the Adjusting Kates to the Ledgers the Ledger 5 the balances in the edge restes de trial balance the Med Trial Balance the a the wested that berupa separate the accetta Bed the tested trial balance, prepare the statement of stockholders' equally the quality Statemental Based on the wested in bale,pepe banches the whole Prepare the linge (DO NOT POST them to the edge produce there. Where the headers PeTrial Balance. Descary for a free and for de 1) Calculate the reathe Rab 1-Nov The company purchased a computer system for $20000 and signed a one-year note for the entire balance. The note is due on November 1, 2025 and has an annual rate of interest of 3% 2 Nov Paid for two years rent on the office space, $18000 3-Nov Purchased 10 tractors at a total cost of $1100 each for cash, FOB Destination 4-Nov Purchased $1700 of supplies on account, term 1/30. 15-Nov Purchased 12 tractors at a total cost of $1210 each on account, terms 1/30, FOB Destination Shipping of $150 was paid to the shipping company by the appropriate party 17-Nov Paid for the supplies purchased on November 4 18-Nov Paid for a two year insurance policy for the store. $12000. The policy was effective beginning December 1, 2024 20-Nov Sold 17 tractors for $3200 each on account, terms 2/10, 1/30, the company uses FIFO to find the cost of goods sold. The printers were shipped FOB Shipping Point. Record the sales revenue first 28 Nov Received payment in full on account from the November 20 sale. 29-Nov Paid for November's utilities bill $1700 30 Nov Prepared payroll for the month of November, the first payroll for the company. Record the Salares Expense entry first. The tax rates are as follows: Federal Income Tax Rate -15% NC State Income Tax Rate -10% FICA Tax Rate -7.65% Unemployment Tax Rate -6% on the first $7000 of each employees earnings per year. 1-Dec Paid the employees the amount due to them from the November 30 payroll, taxes will be paid in January 1-Dec The company borrowed $60000 from Bank of America by signing a 10 year,4% note. The note requires annual payments of $7397 beginning December 1, 2025 1-Dec Purchased a new delivery truck to save customers on shipping. The total cost of the Delivery Truck was $70000. 4-Dec Paid the amount due from the November 15 purchase. 5-Dec Dedared and paid $4000 in cash dividends to the stockholders of the company 6-Dec Purchased $1700 of supplies on account, term 1/30. D 7-Dec Purchased 20 tractors at a cost of $1331 each on account, terms n/30, FOB Destination 15-Dec sold 18 tractors for $3520 each on account, terms 2/10, 1/30, the company uses FIFO to find the cost of goods sold. Record the sales revenue first. 1 18-Dec paid for an ad in the local newspaper, $1700. 24-Dec Received $28160 payment for 8 tractors to be shipped on January 8, 2025. 31-Dec Prepared payroll for the month of December, the first payroll for the company. Record the Salaries Expense entry first. The tax rates are as follows: 5 Federal Income Tax Rate -15% 26 NC State Income Tax Rate -10%. 17 FICA Tax Rate -7.65% 28 Unemployment Tax Rate - 6% on the first $7000 of each employees earnings per year. 50 2) Post all the Dally Transactions to the Ledger on the Ledger tab. 51 3 4 19 52 3) As of December 31, a search revealed the following information Record any necessary adjusting entries for the year on the Adjusting Entries tab. 53 1 The computer equipment purchased on November 1 has a Swear life and an expected residual (salvage) value of $2000 54 2 Record any interest that has accrued on the note signed on November 1 for the computer system 553 The rent pald on November 2 is for two years beginning on November 1 56 4 The insurance policy purchased on November 18 is effective beginning December 1 57 5 Supplies on hand as of December 31 totaled $510. 58 6 The delivery truck purchased on December 1 has a 10 year life and an expected residual (salvare) value of $7000 59 7 Accrue the interest, if needed, on the note signed on December 1 60 8 Record any bad debt expense for the year ended December 31. If needed, round to the nearest dollar 619 Utilites accrued but not yet paid as of December 31 totaled $1500
