Question: Jenmiah Elyctronics completed these selected transactions during March 2021: (1) (ctick the icon lo viow the liansactiona) Requlrement 1. Report these tems on Jerimian Electronics'
Jenmiah Elyctronics completed these selected transactions during March 2021: (1) (ctick the icon lo viow the liansactiona) Requlrement 1. Report these tems on Jerimian Electronics' batance sheet at March 31, 2021. Select the balance sheet accounts, then calculate each acoeums' balance and the totat current liabitios amount at March 31, 2021. (For the FiCA tax, be sure to include both the enpioyer and Transactions a. Sales of $2,400,000 are subject to an acched warranty cost of 12%. The acened warranty payable at the beginning of the year was 538,000 , and warransy payments for the year totaled $55,000. b. On Marsh 1, Jerimah Electronics signed a 505.000 note poyabie that reguives annual payments of $13,000 plis 6 s interest on the unpad balance beginning March 1,2022 c. Mdtean, inc, a chan of discount stores, ordeced 5115,000 worth of wireless speaken and reisied peoducts. With its order, Mclean, inc, seet a cheok for $115,000 in advance, and Jerimiah shipgod $45,000 of the goods. Jerimiah will ship the remeinder of the goodt on Apsi 3, 2021
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