I need the analysis part. there you have the journal entries © 27%, 11:18AM A on

Question

I need the analysis part. there you have the journal entries

© 27%, 11:18AM A one-year warranty. Pacilio estimated that the warranty cost would be 2 percent of alarm sales. 2. The unemployment tax on the three employees has not been paid. Record the accrued unemployment tax on the salaries for the year. The unemployment tax rate is 4.5 percent and gross wages for all three employees exceeded $7,000 28. Recognized the employer Social Security and Medicare payroll tax that has not been paid on $8,000 of salaries expense. Requrem ent Trial BalanceStatement Garar d Jouna Gen sal Ledger T Balance Shee Staemet of CF Analysis Indicate whether the transaction increases (+), decreases (), or increases and decreases (+/-) for each element of the financial statements. Also, in the Cash Flow column, use the letters OA to designate operating activity, IA for investing activity, FA for financing activity. The first transaction is recorded as an example Show less Effect of Transaotions on Financial Statements-2021 Balance Sheet Income Statement Staternent of Cssh Transaction Assets Li bilities + s. Equity Revenue - Expenses . OA IA 10 14 18. 19. 21 Statement of CF References eBeok & Resourcea Learning Objective: 11 04 Explain how dividonda splits, and appropriations affect financial General Ledger Learning Objective: 110 dentify the primary characteristics of sole and corporations. Learning Objective: 11-02 Learning Objeotive: 11 05 Explain some usco of Explain how difierent types of information in making atock investment capital stock affect financial Chapter 11 Problem Difficulty: 3 Hard Learning Objective: 11-03 Show how treasury atock ransactions affect financial

Explanation / Answer

Effect of transactions on financial statements Balance sheet Income statement Statement of cashflows Transactions Assets = Liabilities + S.equity Revenue - Expenses = Net income 1 - - - OA 2 - - - OA 3a. + + + FA 3b. + + + FA 4 + + No effect 5 + - - OA 6 - No effect 7a. + + + No effect 7b. - + No effect 8 + + + No effect 9 - + - OA 10 + + OA 11 - - - - OA 12 + + OA 13 - - + - OA 14 + + No effect 15 - + - OA 16 - - - FA 17 - + - OA 18 - - - OA 19 - - + - OA 20 - - - OA 21 - + + - OA 22 - - + - OA - FA 23 - + No effect 24 + + No effect 25 - + No effect 26 + + No effect 27 + + No effect 28 + + No effect 29a. + - No effect 29b. - - No effect 29c. + No effect -

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