The following totals for the month of march were taken from the payroll records of kern company:

salaries $54,000
fica taxes withheld 4,131
income taxes withheld 11,880
medical insurance deductions 783
federal unemployment taxes 462
state unemployment taxes 2,700

the entry to record accrual of employer's payroll taxes would include a:

a. credit to payroll tax expense for $7,293.

b. debit to payroll tax expense for $7,293

c. debit to payroll tax expense for $7,263

d. debit to payroll tax expense for $19,143

If the demand for a pair of shoes is given by 2p + 5q = 200 and the supply function for it is p − 2q = 10, compare the quantity demanded and the quantity supplied when the price is $90. quantity demanded pairs of shoes quantity supplied pairs of shoes will there be a surplus or shortfall at this price? there will be a surplus. there will be a shortfall.

Which two of the following are benefits of consumer programs

Trecek corporation incurs research and development costs of $625,000 in 2017, 30 percent of which relate to development activities subsequent to ias 38 criteria having been met that indicate an intangible asset has been created. the newly developed product is brought to market in january 2018 and is expected to generate sales revenue for 10 years. assume that a u.s.–based company is issuing securities to foreign investors who require financial statements prepared in accordance with ifrs. thus, adjustments to convert from u.s. gaap to ifrs must be made. ignore income taxes. required: (a) prepare journal entries for research and development costs for the years ending december 31, 2017, and december 31, 2018, under (1) u.s. gaap and (2) ifrs. (c) prepare the entry(ies) that trecek would make on the december 31, 2017, and december 31, 2018, conversion worksheets to convert u.s. gaap balances to ifrs.