Prepare a tabular summary to record the January transactions and the adjustments on January 31 for...
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Prepare a tabular summary to record the January transactions and the adjustments on January 31 for the outstanding note payable and the salaries and wages expense and payroll tax expense. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. Round answers to O decimal places, e.g. 5,275.) +A FICA Taxes Pay. + Fed. Inc. Taxes Pay. St. Inc. Taxes Pay. + State Unemp. Taxes! $ $ Prepare a tabular summary to record the January transactions and the adjustments on January 31 for the outstanding note payable and the salaries and wages expense and payroll tax expense. Include margin explanations for the changes in revenues and expenses. (If a transaction causes a decrease in Assets, Liabilities or Stockholders' Equity, place a negative sign (or parentheses) in front of the amount entered for the particular Asset, Liability or Equity item that was reduced. Round answers to O decimal places, e.g. 5,275.) +A FICA Taxes Pay. + Fed. Inc. Taxes Pay. St. Inc. Taxes Pay. + State Unemp. Taxes! $ $
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