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Record the journal entries for a,b,c,d,e,and f to show each transaction/adjustment. A company incurred the following transactions: a. Recorded the financing (capital) lease of a

Record the journal entries for a,b,c,d,e,and f to show each transaction/adjustment.

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A company incurred the following transactions: a. Recorded the financing (capital) lease of a truck. The present value of the lease payments is $72,000; the total of the lease payments to be made is $85,000. b. Recorded the company's payroll for the month. Gross pay was $8,600, net pay was $5,800, and various withholding liability accounts were credited for the difference. c. Issued $28,000 of bonds payable at a price of 104. d. Adjusted the estimated liability under a warranty program by reducing previously accrued warranty expense by $4,900. e. Retired $15,700 face amount of bonds payable with a carrying value of $15,500 by calling them at a redemption value of 102. f. Accrued estimated annual health care costs for retirees; $21,500 is expected to be paid within a year, and $162,000 is expected to be paid in more than a year. a-2. Record the journal entries to show each transaction/adjustment. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) View transaction list Journal entry worksheet

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