Question: Uniform Supply accepted a $ 4 , 8 0 0 , 9 0 - day, 1 2 % note from Tracy Janitorial on October 1

Uniform Supply accepted a $4,800,90-day, 12% note from Tracy Janitorial on October 17. If the note is dishonored, but Uniform Supply intends to continue collection efforts, what entry should Uniform Supply make on January 15 of the next year?What is the amount of total unemployment taxes the employee must pay?

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