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Vanessa Homework: Chapter 8/Appendix F Graded Homework 1 of 83 complete Score: 0 of 2 pts E8-18A (similar to) McKinley Electronics completed there selected transactions

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Vanessa Homework: Chapter 8/Appendix F Graded Homework 1 of 83 complete Score: 0 of 2 pts E8-18A (similar to) McKinley Electronics completed there selected transactions during June 2016 Click the icon to view the transactions) Requirement 1. Report these tamo on McKinley Electronics' balance shoot at June 30, 2018 Select the balance sheet accounts, then calculate each count balance and the total current abilities amount of June 30, 2018. For the ICA to be sure to include but they and employee share nervat whole doar it box is not used with the leave the box eroty, do not act a label or enter azer) McKinley Electronics Balance Sheet (partial Transactions June 30, 2018 Account Amount Current abilities Sales of $2,100,000 subject to an accrued warranty cost of 7%. The accrued warranty payable at the Accrued warranty payable beginning of the year was $35,000, and warranty payment for the year old 550.000 Interest payable b. On June 1. McKinley Electronics signed a $35.000 note payable that requires annual payments of 57.000 plus interest on the unpaid balance beginning June 2010 Current portion of long term not payable a. Mcleanine, a chain of discount stores ordered $120,000 worth of wireless Speakers and related Uneamed sales revenus products. With its order. McLean, Inc., sent a check for $120,000 in advance and Money the 380,000 of the goods McKinley will ship the remainder of the goods on July 3, 2018 Employee withheld income tax payable d. McKinley June payroll of $300,000 is subject to employee without income tax of $10,000 and FICA tax of FICA tax peabile 7.65%On June 30, McKinley pays employees their take home pay and are all tax amounts Total current lots Long-term labi Print Done Note payable

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