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acebook Te 12 Problems a. During the year 2019, Sampson Company had net credit sales of $1.950,000 Past experience shows that 1.5 percent of the fem's net credit sales resuilt in uncollectible accounts b. Equipment purchased by Park Consultancy for $38,220 on January 2, 2019, has an estimated useful life of 10 years and an estimated salvage value of $2,700. What adjustment for depreciation should be recorded on the fim's worksheet for the year ended December 31, 2019? c. On December 31, 2019, Glant Plumbing Supply owed wages of $11,400 to its factory employees, who are paid weekly d. On December 31, 2019, Giant Plumbing on the entire $11,400 of accrued wages for its factory employees e. On December 31, 2019, Giant Plumbing Supply owed the employver's social security (6.2 percent and Medicare (1.45 percent) taxes 06 percent) and state (5.4 percent) unemployment taxes on the entire $11,400 of accrued wages for its factory employees Supply owed federal ( For each of the above independent situations, prepare the Round your answers to 2 decimal places) adjusting entries that must be made on the December 31, 2019, worksheet View transac Journal entry worksheet Record the adjustment for uncollectible accounts Note: Enter debits before credits Date Debit Dec 31, 2019 Clear entry View general journal Record entry Prev lof8lll Next > acebook Te 12 Problems a. During the year 2019, Sampson Company had net credit sales of $1.950,000 Past experience shows that 1.5 percent of the fem's net credit sales resuilt in uncollectible accounts b. Equipment purchased by Park Consultancy for $38,220 on January 2, 2019, has an estimated useful life of 10 years and an estimated salvage value of $2,700. What adjustment for depreciation should be recorded on the fim's worksheet for the year ended December 31, 2019? c. On December 31, 2019, Glant Plumbing Supply owed wages of $11,400 to its factory employees, who are paid weekly d. On December 31, 2019, Giant Plumbing on the entire $11,400 of accrued wages for its factory employees e. On December 31, 2019, Giant Plumbing Supply owed the employver's social security (6.2 percent and Medicare (1.45 percent) taxes 06 percent) and state (5.4 percent) unemployment taxes on the entire $11,400 of accrued wages for its factory employees Supply owed federal ( For each of the above independent situations, prepare the Round your answers to 2 decimal places) adjusting entries that must be made on the December 31, 2019, worksheet View transac Journal entry worksheet Record the adjustment for uncollectible accounts Note: Enter debits before credits Date Debit Dec 31, 2019 Clear entry View general journal Record entry Prev lof8lll Next >