Question: E8-28B (similar to) E Question Six Mile Electronics completed these selected transactions during June 2018 (Click the icon to view the transactions) Requirement 1. Report


E8-28B (similar to) E Question Six Mile Electronics completed these selected transactions during June 2018 (Click the icon to view the transactions) Requirement 1. Report these items on Six Mile Electronics' balance sheet at June 30, 2018 Select the balance sheet accounts, then calculate each account balance and the total current liabilities amount at June 30, 2018 (For the FICA tax, be sure to include both the and employee share of the tax Round all amounts to the nearest whole dollara box is not used in the table love the box omply do not select a label or enter a zero) Six Mile Electronics Balance Sheet (partial) June 30, 2018 Account Current abilities Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Clear All Check Answer E8-28B (similar to) Six Mile Electronics completed these selected transactions during June 2018 (Click the icon to view the transactions.) Requirement 1. Report these items on Six Mile Electronics' balance sheet at June 30, 2018 * Transactions 5. 2018. xempty, a. Sales of $2,300,000 are subject to an accrued warranty cost of 9%. The accrued warranty payable at the beginning of the year was $30,000, and warranty payments for the year totaled $59,000 b. On June 1, Six Mile Electronics signed a $70,000 note payable that requires annual payments of $14,000 plus 5% interest on the unpaid balance beginning June 1, 2019 c. Operata, Inc., a chain of discount stores, ordered $100,000 worth of wireless speakers and related products. With its order, Operata, Inc., sent a check for $100,000 in advance, and Six Mile shipped $80,000 of the goods. Six Mile will ship the remainder of the goods on July 3, 2018 d. Six Mile's June payroll of $240,000 is subject to employee withheld income tax of $30,100 and FICA tax of 7.65%. On June 30, Six Mile pays employees their take home pay and accrues all tax amounts Print Done OBI e ao E8-28B (similar to) Six Mile Electronics completed these selected transactions during June 2018 (Click the icon to view the transactions) Requirement 1. Report these items on Six Mile Electronics' balance sheet at June 30, 2018 Current liabilities nified ool Long-term liabilities moard Choose from any list or enter any number in the input fields and then click Check Answer. All parts showing Clear All 2010
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