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Tots Toy's owed Estimated Warranty Payable of $2,200 at the end of 20xs Toy's made sales of $280,000 and expects product warranties to cost the

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Tots Toy's owed Estimated Warranty Payable of $2,200 at the end of 20xs Toy's made sales of $280,000 and expects product warranties to cost the com sales. During 20X9. Tots Toy's paid S5 000 for warranties. What is Tots T warranty payable at the end of 20X9? A. $10,600 B. $5,600 C. $5,000 D. $3,600 6. 20X8. During 20X9, Tots y 3% of the Toy's estimated At December 31, your company owes employees for four days of the five-day work total payroll for the week is $51,000. What jounal entry should you make at December 312 7. A. Nothing because you will pay the employees on Friday B. Salaries and Wages Expense 51,000 Salaries and Wages Payable Salaries and Wages Expense Salaries and Wages Payable 51,000 C. Salaries and Wages Payable 40,800 40.800 40,800 D. Salaries and Wages Expense As of January 1, 20X9, Damell's Deliveries owes $60,000 on a truck purchased for use by the business. The company makes principal payments of $1,000 each month plus interest at 8% Al the end of 20X9, after the first 12 months' payments of principal and interest, which of the following would be included on the balance sheet for December 31, 20x9? A. Long-term Liabilities $48,000 and Interest Payable for four years interest B. Long-term Liabilities S36,000; Current Liabilities $12,000; and Interest Payable for four 8. years' interest. C. Long-term Liabilities $36,000; Current Liabilities $12,000; and no Interest Payable D. Long-term Liabilities $48,000 and no Interest Payable Rudy's Fitness Gym has Unearned Revenue of $15,000, Salaries Payable of $28,000, and Allowance for Uncollectible Accounts of $4,200. What amount would Rudy's Gym report as total current liabilities? A. $47,200 B. $43,000 C. $32,200 D. $28,000 9

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