Comprehensive Problem – Chapter 10 a. | Download for better understanding |

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Pacilio Security Services, Inc. General Journal, 2020 Event Account title Debit Credit 1. Sales Tax Payable 290 Cash 290 2. Employee Income Tax Payable 500 FICA – Social Security Tax Pay.... 600 FICA – Medicare Tax Payable 150 Unemployment Tax Payable 630 Cash 1,880 3. Building 125,000 Land 25,000 Cash 50,000 Notes Payable 100,000 4. Cash 49,000 Discount on Bonds Payable 1,000 Notes Payable 50,000 5. Supplies 660 Accounts Payable 660 6. Merchandise Inventory 51,000 Cash 51,000 7. Allowance for Doubtful Accounts 2,450 Accounts Receivable 2,450 8a. Accounts Receivable 97,440 Alarm Sales 92,800 Sales Tax Payable 4,640 8b. Cost of Goods Sold* 47,620 Merchandise Inventory 47,620 Comprehensive Problem – Chapter 10a. (cont.) Pacilio Security Services, Inc. General Journal, 2020 Event Account Titles Debit Credit 9. Accounts Receivable – Cr. Card 34,560 Accounts Receivable 84,000 Credit Card Expense 1,440 Monitoring Service Revenue 120,000 [Show More]

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