Question: Western Electronics completed these selected transactions during March 2021: (1) (Click the icon to view the transactions). Requirement 1. Report these inems on Westem Electronics'
Western Electronics completed these selected transactions during March 2021: (1) (Click the icon to view the transactions). Requirement 1. Report these inems on Westem Electronics' bolance sheet at March 31, 2021. Select the balance sheet accounts, then calculate each accounts' balance and the total current fiabilties amount at March 31, 2021. (For the FicA tax, be sure io incide both the employter and employee share of the tax. Round all amounts to the nearest whole dellat. If an input field is not used in the table feave the feld dmpty, do not seloct a label or entar a zorp.) Transactions a. Sales of \$2,400,000 are subject to an accreed warrany cost of 9%. The accrued wamanty payable at the beginning of the year was $37,000, and warranty payments for the year totaled $59,000 b. On March 1, Western Electorics signed a \$20,000 note payable that reguires annual pommonts of \$4,000 plus 6\% interest on the unped balanse begining March 1, 2022. e. Ueban, ine, a chain of discoune stores, ordered $140,000 worth of wirelees spebiers and nulated products: poods. Westeen will ship the remainder of the goodi on Acrl 2, 2021
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