Which of the following items are normally classified as current liabilities for a company that has a one-year operating cycle? (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be outomatically graded as incorrect.) Note payable due in 18 morths. Note poybble maturing in 2 years Note payable due in 4 years. Interest poyable due in 60 dwys Employee Federal Income Taxes Payoble due in 30 ditys FICA-Medicare Tares Payable due in 2 manths Dextra Computing sells merchandise for $15,000 cash on September 30 (cost of merchandise is $12,000 ). Dextra collects 5% sales tax. Record the entry for the $15,000 sale and its sales tax Also record the entry that shows Dextra sending the sales tax on this sale to the government on October 15 Journal entry worksheet Record the cash sales and 5% sales tax. Note finter debits before credist. Dextra Computing sells merchandise for $15,000 cash on September 30 (cost of merchandise is $12.000 ) Dextra collects 5% sales tax. Record the entry for the $15,000 sale and its sales tax Also record the entry that shows Dextra sending the sales tax on this sale to the government on October 15 Journal entry worksheet Record the cost of September 30th sales. Wotel Enter iebuts belore credits Dextra Computing sells merchandise for $15,000 cash on September 30 (cost of merchandise is $12,000 ). Dextra collects 5% sales ax. Record the entry for the $15,000 sale and its sales tax. Also record the entry that shows Dextra sending the sales tax on this sale o the government on October 15 Journal entry worksheet Record the entry that shows Dextra sending the sales tax on this sale to the government on October 15 . Note Enter dobits belore credits. On December 1. Home Store sells a mower (that costs $210 ) for $510 cash with a one-year warranty that covers parts Warranty expense is estimated at 7% of sales. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requiring $36 in motenals taken from the Parts Inventory Prepare the December 1 entry to record the mower sale (and cost of sale), the December 31 adjusting entry for estimated warranty liability, and the January 24 entry to record the warranty repairs (Round your answers to 2 decimal places.) Journal entry worksheet 4 On December 1, Home Siore sells a mower (that costs $210 ) for $510 cash with a one-year warranty that covers parts. Warranty expense is estimated at 7% of sales. On January 24 of the following year, the mower is brought in for repars covered under the warranty requiting $36 in materials taken from the Parts inventory. Prepare the December 1 entry to record the mower sale (and cost of sale), the December 31 adjusting entry for estimated warranty hability, and the January 24 entry to record the warranty repairs. (Round your answers to 2 decimal places.) Journal entry worksheet Record the cost of mower sales. fiete: Enter debits before credits. On December 1. Home Store sells a mower (that costs $210 ) for $510 cash with a one-year warranty that covers parts. Warranty experise is estimated at 7% of sales. On January 24 of the following year, the mower is brought in for repairs covered under the warranty requining $36 in materials taken from the Parts Inventory. Prepare the December 1 entry to record the mower sale (and cost of sale). the December 31 adjusting entry for estimated warranty liability, and the January 24 entry to record the warranty repairs (Round your answers to 2 decimal places.) Journal entry worksheet
