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the lawn king company had these following transactions for december can someone show me them on the daily transactions A . D E F G
the lawn king company had these following transactions for december can someone show me them on the daily transactions
A . D E F G H | J 1-Dec 4-Dec 5-Dec 6-Dec 7-Dec 15-Decl Instructions Daily Transactions Adjusting Entries Ledger Adjusted Trial Balance Income Statement Equity Statement Balance Sheet Closing Entries 2 X fx A M M N O R B D F F H Federal Income Tax Rate 15%. NC State Income Tax Rate - 10%. FICA Tax Rate 7.65%. Unemployment Tax Rate - 6% on the first $7000 of each employees earnings per year. 1-Dec Paid the employees the amount due to them from the November 30 payroll, taxes will be paid in January. The company borrowed $60000 from Bank of America by signing a 10-year, 4% note. The note requires annual payments of 1-Dec $7397 beginning December 1, 2025. 1-Dec Purchased a new delivery truck to save customers on shipping. The total cost of the Delivery Truck was $70000. 4-Dec Paid the amount due from the November 15 purchase. 5-Dec Declared and paid $4000 in cash dividends to the stockholders of the company. 6-Dec Purchased $1700 of supplies on account, term n/30. 7-Dec Purchased 20 tractors at a cost of $1331 each on account, terms n/30, FOB Destination. Sold 18 tractors for $3520 each on account, terms 2/10, n/30, the company uses FIFO to find the cost of goods sold. Record 15-Dec the sales revenue first. 18-Dec Paid for an ad in the local newspaper, $1700. 24-Dec Received $28160 payment for 8 tractors to be shipped on January 8, 2025. 31-Dec Prepared payroll for the month of December, the first payroll for the company. Record the Salaries Expense entry first. The tax rates are as follows: Federal Income Tax Rate - 15%. NC State Income Tax Rate - 10%. FICA Tax Rate - 7.65%. Unemployment Tax Rate - 6% on the first $7000 of each employees earnings per year. 2) Post all the Daily Transactions to the Ledger on the Ledger tab. 31 As of Deramhar 21 Instructions 2 cearch revealed the following information Record anu necessari adiueting entries for the vaar on the Adiueting Daily Transactions Adjusting Entries Ledger Adjusted Trial Balance Income Statement Equity Statement Balance Sheet Closing Entries Ratios + A . D E F G H | J 1-Dec 4-Dec 5-Dec 6-Dec 7-Dec 15-Decl Instructions Daily Transactions Adjusting Entries Ledger Adjusted Trial Balance Income Statement Equity Statement Balance Sheet Closing Entries 2 X fx A M M N O R B D F F H Federal Income Tax Rate 15%. NC State Income Tax Rate - 10%. FICA Tax Rate 7.65%. Unemployment Tax Rate - 6% on the first $7000 of each employees earnings per year. 1-Dec Paid the employees the amount due to them from the November 30 payroll, taxes will be paid in January. The company borrowed $60000 from Bank of America by signing a 10-year, 4% note. The note requires annual payments of 1-Dec $7397 beginning December 1, 2025. 1-Dec Purchased a new delivery truck to save customers on shipping. The total cost of the Delivery Truck was $70000. 4-Dec Paid the amount due from the November 15 purchase. 5-Dec Declared and paid $4000 in cash dividends to the stockholders of the company. 6-Dec Purchased $1700 of supplies on account, term n/30. 7-Dec Purchased 20 tractors at a cost of $1331 each on account, terms n/30, FOB Destination. Sold 18 tractors for $3520 each on account, terms 2/10, n/30, the company uses FIFO to find the cost of goods sold. Record 15-Dec the sales revenue first. 18-Dec Paid for an ad in the local newspaper, $1700. 24-Dec Received $28160 payment for 8 tractors to be shipped on January 8, 2025. 31-Dec Prepared payroll for the month of December, the first payroll for the company. Record the Salaries Expense entry first. The tax rates are as follows: Federal Income Tax Rate - 15%. NC State Income Tax Rate - 10%. FICA Tax Rate - 7.65%. Unemployment Tax Rate - 6% on the first $7000 of each employees earnings per year. 2) Post all the Daily Transactions to the Ledger on the Ledger tab. 31 As of Deramhar 21 Instructions 2 cearch revealed the following information Record anu necessari adiueting entries for the vaar on the Adiueting Daily Transactions Adjusting Entries Ledger Adjusted Trial Balance Income Statement Equity Statement Balance Sheet Closing Entries Ratios +Step by Step Solution
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