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Samuois Mexican Restaurant incurred salanes expense of 559,000 lor 2024 . The payroll expense includes employer FicA tax, an addition to state unemploymeol lax and

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Samuois Mexican Restaurant incurred salanes expense of 559,000 lor 2024 . The payroll expense includes employer FicA tax, an addition to state unemploymeol lax and foderal unemployment tax. Or the todal salares, $21,000 is subjoct to unemployment tax Also, the company provides the followno beristits for employoes boalth insurance (cost to the company, 52,900). He insur ance (cost to the company, $420 ), and retiroment benefits (cost to the compary, 67. of salanes wxpenso) (1) (Click the icon fo view payoll ine rabe infoustaton) ) Read the requerements Requirement 1. Journalize Samuel's expenses for omployee benefits and for payroil tawes- Explanstions aro not requared Begin with the entry to acciue Sameels employer payroll taces (Round all amoonts to the nearost cent. Recotd obbits Erst. thea ciedits Exdide explaralions from poumal entrits) Non recoid the accriat of Sarmuefs employee beneta erpeoses 1. Journalize Samuel's expenses for employee benefits and for payroll taxes. Explanations are not required. 2. What was Samuel's total expense for 2024 related to payroll? When using the indirect method to prepare the statement of cash llows, net income is $26000. There was a gain on disposal of an asset of 57 o00. depeciaton expense of $700, an increase in Accounts Receivable of $4,400, and a decrease in Accounts Payable of 54,400 What is the net cast flow trom operatug octivtes? A. $10,900 B. 520,700 C. 542.500 D. 59,500 On March 15, 2024, Ashich Manutacturers purchased a bulding for $330,000, pyyng $33,000 in cash and signing a 10 - yoar moclgage for the balance at A? anriza interest. What is the journal entry to record the acqusition of the bulding? On November 1, 2025, Astion, Inc purchased merchandise inventory for $34.000 by signing a note payable The note is for 6 mocihs and bears interest at a rate of 8\%. The journal entry to recoed the accruod interest oxpense on December 312025 would be A. Interest Expense 1360 Intorest Payable 1,360 B. Interest Payable 1,360 Interest Expense 1360 C. Interest Expense 459 interest Payable 453 D. Interest Payable 453 inturest Expense 453

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