The general lodgit of Fast Shipping wil June 30, 2024 the end of the company's first year, includes the following account balintea bebom payrol and adjusting entes Che cosa view the account balances) The final data meded to develop the pain ingentine 3 was follow Cha icon to view the animati) cla na tron to www payroll textate information) Read the Frequirements 1 and 2.Uang Belacourts paned for you internt u uradjated June 10 ballaret Jumalize and past the June 30 ndjusting etches to e accounts for yechinting nyby btw Fated is the parent We will start where in the journalistus posting to accounts Recondition at the planet on the last of the mal by Thubung tum debilis payabi in real botatants of 596000, with the need rataimant due of July 31 On that dals, Fast Shippeg wil doo pwy una personal est level was part on July 31 and the place is your Make the adjust try to stepealyan Accounts and nation Debit Crede $ 119,000 0 0 0 Accounts Payable Interest Payable Salaries Payable Employee Income Taxes Payable FICA-OASDI Taxes Payable FICA-Medicare Taxes Payable Federal Unemployment Taxes Payable State Unemployment Taxes Payable Unearned Rent Revenue 0 0 0 0 6,600 Long-Term Notes Payable 180,000 a. The long-term debt is payable in annual installments of $36,000, with the next installment due on July 31. On that date, Fast Shipping will also pay one year's interest at 8%. Interest was paid on July 31 of the preceding year. Make the adjusting entry to accrue interest expense at year-end. b. Gross unpaid salaries for the last payroll of the fiscal year were $4,500. Assume that employee income taxes withheld are $930 and that all earnings are subject to OASDI. c. Record the associated employer taxes payable for the last payroll of the fiscal year, $4,500. Assume that the earnings are not subject to unemployment compensation taxes. On February 1, the company collected one year's rent of $6,600 in advance. For all payroll calculations, use the following tax rates and round amounts to the nearest cent Employee OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. Employer OASDI: 6.2% on first $132,900 earned; Medicare: 1.45%, FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned Infoder Fast Sangatne 30 2024. the end of the company focal year Indudes the blowing account bace before parandadigers Eck the icon to view the balances) The world to drop the landstingene for Click the con la view the worlomation) the contowo Womation) Requirements 1 and 2. Under the account opened for you want to the Juices Journalice and poste dure 10 aduingentes de escort lerty tachtig ly by the Hond te the art We will returning the leading to the account Select the place on the left wytate) The long term delis prabile in all 534.000 win Decoration on 31 On that date with sex one year we paddy or dry year Make the typene atyre Date Acceptation Dub $ 119,000 0 0 0 Accounts Payable Interest Payable Salaries Payable Employee Income Taxes Payable FICA-OASDI Taxes Payable FICA-Medicare Taxes Payable Federal Unemployment Taxes Payable State Unemployment Taxes Payable 0 0 0 0 0 Unearned Rent Revenue 6,600 Long-Term Notes Payable 180,000 a. ert b. The long-term debt is payable in annual installments of $36,000, with the next installment due on July 31. On that date, Fast Shipping will also pay one year's interest at 8%. Interest was paid on July 31 of the preceding year. Make the adjusting entry to accrue interest expense at year-end. Gross unpaid salaries for the last payroll of the fiscal year were $4,500. Assume that employee income taxes withheld are $930 and that all earnings are subject to OASDI. Record the associated employer taxes payable for the last payroll of the fiscal year, $4,500. Assume that the earnings are not subject to unemployment compensation taxes. On February 1, the company collected one year's rent of $6,600 in advance. C. d. For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. Employer: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45%, FUTA: 0.6% on first $7,000 earned; SUTA: 5.4% on first $7,000 earned. 1. Using the T-accounts opened for you, insert the unadjusted June 30 balances 2. Journalize and post the June 30 payroll and adjusting entries to the accounts. Identify each adjusting entry by letter. Round to the nearest dollar 3. Prepare the current liabilities section of the balance sheet at June 30, 2024