Select the correct reporting method for each of the items listed below: 1. Notes payable due in eleven months. Reporting Method A. Current Liability B. Long term liability C. Disclosure note only 2. Commercial paper issued by the company. D. Not ceported 3. A contingent liability that is reasonably possible of occurring and cannot be estimated. 4. Customers paid for services in advance. 5. Current portion of long-term debt. On October 1st, the company borrows $1,000,000 cash from the bank to expand operations. The company signs a 1 year, 9% promissory note. The company's year-end is December 31. 6. How was the loan classified on the company's December 31,2023 balance sheet? A. Current liability B. Long term liability C. Note disclosure only D. Stockholders' Equity 7. How was the loan classified on the company's December 31,2023 statement of cash flow? A. Operating activity B. Investing activity C. Financing activity D. Not shown on the statement of cash flows 8. $ How much interest should be accrued on December 31, 2023 (assume no previous entry was recorded for interest on the loan)? 9. $ When the note is paid at maturity (September 30, 2024) how much cash is paid to the bank? 10. $ When the note is paid at maturity in the second accounting year, how much does net income decrease? On July 1st company borrows $200,000 by issuing a one-year note compounding annually. Interest is payable at maturity. 11. $ Determine the amount of interest expense that should be recorded in a year-end adjusting entry assuming a 8% interest rate and a fiscal year-end September 30. 13. Determine the amount of interest expense that should be recorded in a year-end adjusting entry assuming a 7% interest rate and a fiscal year-end March 31. You have been working at a local distributor. Your bi-weekly salary is $1,500. Your average income tax rate is 10% plus FICA taxes at 7.65\%. Your employer provides health insurance to you which costs your employer $350 per pay and costs you $50 per pay (assume this is after tax). Determine the following based on your pay for your LAST paycheck of the year. 14. $ How much will your employer withhold from your paycheck for federal income taxes? 15. $ How much will your employer withhold from your paycheck for FICA taxes? (round to two decimal places) 16. $ How much will your employer direct deposit into your bank account for your pay? (round to two decimal places) 17. $ What is your total cost to your employer for the bi-weekly pay period? (round to two decimal places) 18. If you work 80 hours bi-weekly, what is the average hourly cost to your employer for your services? (round to two decimal places)