15/24 crual Basis Balance Sheet As of December 31, 2024 Dec 31, 24 % of Column 24000 - PayrollI Liabilities 24010 · Federal Withholding 24020 · FICA Payable 24040 · FUTA Payable 24050 · State Withholding 24060 - SUTA Payable 24070 · State Disability Payable 24080 - Worker's Compensation 24100 - Emp. Health Ins Payable 1,364.00 2,118.82 100.00 299.19 110.00 48.13 1,214.31 150.00 0.2% 0.4% 0.0% 0.1% 0.0% 0.0% 0.2% 0.0% Total 24000 - Payroll Liabilities 5,404.45 0.9% 25500 · Sales Tax Payable 957.63 0.2% Total Other Current Liabilities 11,362.08 2.0% Total Current Liabilities 38,475.82 6.7% Long Term Liabilities 23000 · Loan - Vehicles (Van) 23100 · Loan - Vehicles (Utility Truck) 23200 · Loan - Vehicles (Pickup Truck) 28100 · Loan - Construction Equipment 28200 · Loan - Furniture/Office Equip 28700 - Note Payable - Bank of Anycity 28900 - Mortgage - Office Building 10,501.47 19,936.91 22,641.00 13,911.32 21,000.00 2,693.21 296,283.00 1.8% 3.4% 3.9% 2.4% 3.6% 0.5% 51.2% Total Long Term Liabilities 386,966.91 66.9% Total Liabilities 425,442.73 73.6% Equity 30000 · Opening Bal Equity 30100 - Capital Stock 32000 · Retained Earnings Net Income 38,773.75 500.00 6.7% 61,756.76 51,811.86 0.1% 10.7% 9.0% Total Equity 152,842.37 26.4% TOTAL LIABILITIES & EQUITY 578,285.10 100.0%
15/24 crual Basis Balance Sheet As of December 31, 2024 Dec 31, 24 % of Column 24000 - PayrollI Liabilities 24010 · Federal Withholding 24020 · FICA Payable 24040 · FUTA Payable 24050 · State Withholding 24060 - SUTA Payable 24070 · State Disability Payable 24080 - Worker's Compensation 24100 - Emp. Health Ins Payable 1,364.00 2,118.82 100.00 299.19 110.00 48.13 1,214.31 150.00 0.2% 0.4% 0.0% 0.1% 0.0% 0.0% 0.2% 0.0% Total 24000 - Payroll Liabilities 5,404.45 0.9% 25500 · Sales Tax Payable 957.63 0.2% Total Other Current Liabilities 11,362.08 2.0% Total Current Liabilities 38,475.82 6.7% Long Term Liabilities 23000 · Loan - Vehicles (Van) 23100 · Loan - Vehicles (Utility Truck) 23200 · Loan - Vehicles (Pickup Truck) 28100 · Loan - Construction Equipment 28200 · Loan - Furniture/Office Equip 28700 - Note Payable - Bank of Anycity 28900 - Mortgage - Office Building 10,501.47 19,936.91 22,641.00 13,911.32 21,000.00 2,693.21 296,283.00 1.8% 3.4% 3.9% 2.4% 3.6% 0.5% 51.2% Total Long Term Liabilities 386,966.91 66.9% Total Liabilities 425,442.73 73.6% Equity 30000 · Opening Bal Equity 30100 - Capital Stock 32000 · Retained Earnings Net Income 38,773.75 500.00 6.7% 61,756.76 51,811.86 0.1% 10.7% 9.0% Total Equity 152,842.37 26.4% TOTAL LIABILITIES & EQUITY 578,285.10 100.0%
Corporate Financial Accounting
14th Edition
ISBN:9781305653535
Author:Carl Warren, James M. Reeve, Jonathan Duchac
Publisher:Carl Warren, James M. Reeve, Jonathan Duchac
Chapter10: Liabilities: Current, Installment Notes, And Contingencies
Section: Chapter Questions
Problem 10.3BE: Journalize period payroll The payroll register of Heritage Co. indicates 3,900 of social security...
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Calculate the profit margin (net income or net profit/total sales)for Rock Castle construction for this fiscal year. What’s the percentage
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