Waiting for answer This question has not been answered yet. You can hire a professional tutor to get the answer.

QUESTION

sorry for last minute mom in hosp need assistance thanks

Description / Instructions: Complete the following Week 3 Assignment in WileyPLUS: * Problem 9-7A * Exercise 10-5 * Exercise 10-8 * Exercise 10-13 * Exercise 10-22 * Exercise 10-24 * BYP 10-1 * BYP 10-2 * Problem 10-9A * Problem 10-13A * IFRS 10-4 

Exercise 10-5

Question 1During the month of March, Olinger Company’s employees earned wages of $64,000. Withholdings related to these wages were $4,896 for Social Security (FICA), $7,500 for federal income tax, $3,100 for state income tax, and $400 for union dues. The company incurred no cost related to these earnings for federal unemployment tax but incurred $700 for state unemployment tax.

Warning

Don't show me this message again for the assignment

Ok  Cancel   Prepare the necessary March 31 journal entry to record salaries and wages expense and salaries and wages payable. Assume that wages earned during March will be paid during April. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)DateAccount Titles and ExplanationDebitCreditMar. 31     

Warning

Don't show me this message again for the assignment

Ok  Cancel   Prepare the entry to record the company’s payroll tax expense. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)DatAccount Titles and ExplanationDebitCreditMar. 31  

Warning

Don't show me this message again for the assignment

Ok  Cancel     

Exercise 10-8

Question 2On August 1, 2014, Ortega Corporation issued $600,000, 7%, 10-year bonds at face value. Interest is payable annually on August 1. Ortega’s year-end is December 31.

Warning

Don't show me this message again for the assignment

Ok  Cancel   Prepare journal entries to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)DateAccount Titles and ExplanationDebitCreditAug. 1 

Warning

Don't show me this message again for the assignment

Ok  Cancel   Prepare journal entries to record the accrual of interest on December 31, 2014. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)DateAccount Titles and ExplanationDebitCreditDec. 31 

Warning

Don't show me this message again for the assignment

Ok  Cancel   Prepare journal entries to record the payment of interest on August 1, 2015. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)DateAccount Titles and ExplanationDebitCreditAug. 1  

Warning

Don't show me this message again for the assignment

Ok  Cancel     

Exercise 10-13

Question 3Romine Company issued $350,000 of 8%, 20-year bonds on January 1, 2014, at face value. Interest is payable annually on January 1.

Warning

Don't show me this message again for the assignment

Ok  Cancel   Prepare the journal entries to record the issuance of the bonds. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)DateAccount Titles and ExplanationDebitCreditJan. 1, 2014 

Warning

Don't show me this message again for the assignment

Ok  Cancel   Prepare the journal entries to record the accrual of interest on December 31, 2014. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)DateAccount Titles and ExplanationDebitCreditDec. 31, 2014 

Warning

Don't show me this message again for the assignment

Ok  Cancel   Prepare the journal entries to record the payment of interest on January 1, 2015. (Credit account titles are automatically indented when amount is entered. Do not indent manually.)DateAccount Titles and ExplanationDebitCreditJan. 1, 2015 

Warning

Don't show me this message again for the assignment

Ok  Cancel   
Show more
Files: week3.docx
LEARN MORE EFFECTIVELY AND GET BETTER GRADES!
Ask a Question