The maturity value of a 90-day, 12%, $30,000 note payable is _________ In buying equipment, a business issues a $90,000, 180-day note dated January 17, which the seller discounts at 12%. The cost of the equipment would be recorded at __________ The total earnings of an employee for a payroll period are called ____________ pay. ________ _______ is the amount the employer is obligated to pay the employee after payroll deductions. ________ tax is used to finance federal programs for old-age and disability benefits (social security) and health insurance for the aged (Medicare). A(n) _____ _____ ____ is a detailed record of each employee's earnings. Employer's payroll taxes become liabilities when the related employee payroll is ________ A pension plan that promises employees a fixed annual pension benefit based on years of service and compensation levels is called a(n)_______ ______plan. Rights to benefits that employees earn during their term of employment but take effect after they retire are called ___________ benefits. The __________ ratio measures the ability to pay current liabilities within 10, The a short period of time. The maturity value of a 120-day, 9%. $75,000 note payable is ___________ In buying a building, a business issues a $240,000, 120-day note dated be which the seller discounts at 10%. The cost of the building would recorded at ___________