Saturn Solartech has annual salary expenses of $550000. In addition, Saturn incurs payroll tax expenses equal to 9% of the total payroll. At 30 June, the end of the financial year, Saturn owes salaries of $8000 and payroll tax of $2200.

Requirement :

1. Show what Suman Saturn will report for these facts in its income statement and year end classified balance sheet.

2. What will Saturn Solartech report for these facts in the year end classified balance sheet?

Senos saloyce of 000 nadation Stunt incurs pero tan esperse 109 of the parole end of low, Sumwendo Requirement finow what Bahn wie for the facts in contacted D Datum Solartech income statement Tor the year ended 30 June What will match for the facts in the year and tied balance sheet Batur Startech Balance sheet partial 30 Anet Current fechas y expense of $60.000 Satum curso to renew the entry Requirement What will reports actinhncome statement when she Saturn Solartech Income statement The the year anded 10 What we warehouse with your endances Satu lartech Balance sheetsal Requireme Show what Saturn will report for these facts in its income statement and year-end classified balance sheet Saturn Solartech Income statement for the year ended 30 June Revenue Expenses What will Saturn Solartech report for these facts in the year-end classified balance sheet? Saturn Solartech Balance sheet (partial) as at 30 June Liabilities Assets Current liabilities