Advanced Computer Repair incurred salaries expense of $88,00…

Advanced Computer Repair incurred salaries expense of $88,000 for 2025. The payroll tax expense includes employer FICA tax, state unemployment tax, and federal unemployment tax. Year-to-date earnings do not exceed $147,000. Of the total salaries, $10,200 is subject to unemployment tax. Currently, state unemployment tax is 5.4% and federal unemployment tax is 0.6%. Also, the company provides the following benefits for employees health insurance (cost to the company, $2,600), life insurance (cost to the company, $880), and retirement benefits (cost to the company, 7% of salaries expense). What is the amount of the employer payroll tax expense for the year?

Basic Home Care sells two-year warranty plans for home repai…

Basic Home Care sells two-year warranty plans for home repairs, paid in cash in advance. On January 2, of the current year, 200 warranty plans were sold for $1,200 each. What would be the adjusting entry on December 31 of each year if adjustments are made annually?

The authors of DSM-5-TR have designed their own dimensional…

The authors of DSM-5-TR have designed their own dimensional approach in diagnosing personality disorders for possible inclusion in future revisions of the DSM. The idea is that individuals whose traits significantly impair their functioning should receive a diagnosis of: