Rayborn Company obtains $20,000 In cash by signing a 9%, 6-month, $20,000 note payable to First Bank on July 1. Rayborn's fiscal year ends on September 30. What information should be reported for the note payable in the annual financial statements? What disclosure is required? Why is this important? Start a New Thread O Type here to search Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced.) Retained Earnings Di Interest expense TO TEXT Question Attempts: 0 of 5 used SAVE FOR LATER 908 PM & &40 4/25/2019 search Grouper in front of the amount entered for the particular Asset Liability or Equity item tha Ticket revenue During the month of March, Oriole C union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred $711 for state unemployment tax. Prvpare a ta ular surm ay to record salaries and wages expense and salaries and wages payable on March 31. Assume that wages earned during March will be paid durig April (b) Prepare a tabular summary to record the company's payroll tax expense. State Unemp. Taxes Pay Common Revenue Salaries & Fed. Inc. FICA TaxesSt. Inc. Stock +Pay CashWages Pay. Taxes Pay Pay Taxes Pay. (a) Mar. 31 Show Work Question Attempts: 0 c e to