x More info a. C. December revenue totaled $160,000; and, in addition, Sea Spray collected sales tax of 8%. The tax amount will be sent to the state of Oregon early in January b. On August 31, Sea Spray signed a six-month, 9% note payable to purchase a boat costing $94,000. The note requires payment of principal and interest at maturity. On August 31, Sea Spray received cash of $3,600 in advance for service revenue. This revenue will be earned evenly over six months. d. Revenues of $875,000 were covered by Sea Spray's service warranty. At January 1, accrued warranty payable was $9,600. During the year, Sea Spray recorded warranty expense of $35,000 and paid warranty claims of $34,800. Sea Spray owes $80,000 on a long-term note payable. At December 31, 6% interest for the year plus $20,000 of this principal are payable within one year. e. Print Done Sea Spray Marina experienced these events during the current year i) Click the soon to view the facts Requirement 1. whole dolar For each item, indicate the account and the related amount to be reported as a current louity on the Sea Spray Marine balance sheet of December (round your tool awwers to the nearest a. December revenue lotaled 5160,000, and, wodition, Sea Spray collected sale of %. The tax amount will be sent to the state of Oregon early January Indicate the account and the related amount to be reported as a current liability on the Sea Spray Marine balance sheet at December 31. Complete outfields Account Amount b. On August 31. Sea Spray sgned month, 9% rote payable to purchase a boat costing 500.000 The notre ment of principal and in matunty indicate the account and the related amounts to be reported as a currently on the Sea Spray Marina Dance sheet at December 31. Come ut folds. Account Amount c. On August 31. Sou Spray reolved ash of $3 600 advance for service revenue. This revenue will be earned evenly over six months indicate the count and thered mount to be reported Ourrent liability on the Sea Spray Marine balance sheet at December 31. Complete all input fields) Account Amount d. Revenues of $875,000 wore covered by Sea Spray's service warranty. Aty 1 cred warranty payable w 59,600 During the yem Sea Sony recorded warranty expense of $35.000 and paid warranty claims of $34,800. Indicate the account and the related amount to be reported as a current ability on the Sea Spray Marine balance sheet at December 31. (Complete all input les Account Amount 2. Sea Sony w 500 000 on a long tom notabin At December 21, interest for the year plus 520,000 of the precipal payable within one year indicate the count and the mud amounts to be reporind as a curentilly on the Seas Marine balance sheet December 31 Comfort Account Amount
