The tabular analysis of transactions for Baxter Company is presented below. 
Instructions
Prepare a retained earnings statement for August and a classified balance sheet at August 31, 2014.
Definitions:
Gross Pay
The total amount earned by an employee before any deductions or taxes are applied.
FICA-OASDI
Federal Insurance Contributions Act - Old Age, Survivors, and Disability Insurance, a U.S. payroll tax to fund Social Security.
State Unemployment Tax
A tax imposed by state governments on employers to fund unemployment insurance benefits for workers who lose their jobs.
Rate of Pay
The fixed amount of compensation an employee receives for their services, typically expressed on an hourly, daily, or per-task basis.
Q1: Which of the following is not a
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