CengageNOWv2 | Online teachin X= Ch. 12 Key Terms - Principles of A X+ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=falseow to Cancel Your.F Startup Opportuniti. V How brands are co...Assignment Practic.. A COVID-19 Student.. C20-128PR01-:Record the journal entries for each of the following payroll transactions. If an amount box does not require, leave it blank.Apr. 2 Paid $640 and $300 cash to a federal depository for FICA Social Security and FICA Medicare, respectively.Apr. 4 Paid accumulated employee salaries of $16,220.Apr. 11 Issued checks in the amounts of $480 for federal income tax and $300 for state income tax to an IRS-approved bank.Apr. 14 Paid cash to health insurance carrier for total outstanding health insurance liability of $800.Apr. 22 Remitted cash payments for FUTA and SUTA to federal and state unemployment agencies in the amounts of $130 and $250, respectively.Аpг. 2Apr. 4Apr. 11Apг. 14Apг. 2278°F Cloudy

Journal entries are written in chronological sequence and adhere to the double-entry accounting…

Record the journal entries for each of the following payroll Apr. 2 Paid $640 and $300 cash to a federal depository fo Apr. 4 Paid accumulated employee salaries of $16,220. Apr. 11 Issued checks in the amounts of $480 for federal i Apr. 14 Paid cash to health insurance carrier for total outst Apr. 22 Remitted cash payments for FUTA and SUTA to fed Apr. 2

Record the journal entries for each of the following payroll Apr. 2 Paid $640 and $300 cash to a federal depository fo Apr. 4 Paid accumulated employee salaries of $16,220. Apr. 11 Issued checks in the amounts of $480 for federal i Apr. 14 Paid cash to health insurance carrier for total outst Apr. 22 Remitted cash payments for FUTA and SUTA to fed Apr. 2

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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engageNOWv2 | Online teachin x = Ch. 12 Key Terms - Principles of A X /takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false p Cancel Your. F Startup Opportuniti.. V How brands are co... Assignment Practic.. A COVID-19 Student. Нос С20-13 Bhakti Games is a chain of board game stores. Record entries for the following transactions related to Bhakti's purchase of inventory, A. On October 5, Bhakti purchases and receives inventory from XYZ Entertainment for $5,500 with credit terms of 2/10 net 30, B. On October 7, Bhakti returns $1,600 worth of the inventory purchased from XYZ. C. Bhakti makes payment in full on its purchase from XYZ on October 14. If an amount box does not require an entry, leave it blank. А. В. 78°F Cloudy
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