Use the information below to complete the Payroll, Sales Tax Liability, and General Journal tabs. 1. On September 1, Xavier purchased $10,000 worth of equipment on a bank line of credit. He paid down that line of credit by $6,800 on September 28. 2. On September 30, the business ran payroll for their employee, Eddie. Crankshaft customs matches the FICA contribution that is withdrawn from Eddie's gross earnings. 3. On September 10, there was $1,900 in revenue from mobile detailing paid in cash. 4. On September 22, four customers paid cash for a total of $24,000 in custom work. The Cost of Sales for this revenue was $8,000. Note that the company does not hold inventory related to custom work, instead they pay cash for cost of sales for custom work. 5. On September 24, Maria withdrew $9,500 cash as an owner's draw. 6. On September 9, Crankshaft Customs invoiced a car rental company $900 for work performed on their classic fleet. 7. On September 15, Crankshaft Customs remitted the balance of their Quarter 3 sales tax liability. 8. On September 18, Crankshaft Customs paid $1,085 for their vehicle loan; $1,000 toward principal and $85 in interest expense. 9. On September 25, they paid $1,000 toward the Note Payable account. 2 3 Cash 5 6 7 8 0 A Account / Date Sept. 1. Opening balance Sept. 4 Monthly insurance premium B General Ledger Transaction Debit Credit 26.100.00 250.00 10 11 12 13 14 15 Sept. 30 Payroll: Eddie's wages 9,000.00 16 17 Accounts Receivable 18 Sept. 9 Invoice to car rental company for work performed 900.00 19 20 21 Supplies 22. 23 Sept. 7 Purchased supplies on vendor credit 800.00 24 Inventory 25 Sept. 7 Inventory purchased on visa 26 400.00 27 Equipment 28 Sept. 1 Purchased on bank line of credit 10,000.00 29 Vehicle 30 Sept. 1 Balance 37,000.00 31 Sept. 18 First vehicle loan payment 1,085.00 32 33 Accumulated depreciation 34 Sept. 1 Balance 4.000.00 35 Visa 36 Sept. 1 Balance 100.00 37 Sept. 7 Inventory purchased on Visa 400.00 38 Sept 6 Purchased fuel for vehicles 350.00 39 Bank line of credit 40 41 Sept. 1 Purchased equipment using bank line of credit Sept. 28 Paid down bank line of credit 10.000.00 6.800.00 42 43 Vendor line of credit 44 Sept. 7 Purchased supplies on vendor credit 800.00 45 46 47 Prepaid subscriptions 48 Sept. 3 Balance Sent 14 Sales of orenaid detailing subscriptions 12.000.00