18. The total payroll expense of the employer is equal: A) Net pay plus employee withholdings B) Gross pay plus employees' income tax C) Net pay plus employer payroll taxes and fringe benefits D) Gross pay plus employer payroll contributions and fringe benefits 19. Which of the following liabilities creates no expense for the company? A) Interest B) Warranty C) Sales tax D) Employment Insurance 20. A $11,000, 10 percent, one-year note payable was issued on July 31. The balance sh at December 31 will report interest payable of: (Use 365 days per year when calculat interest accruals and expense.) A) $638.90 B) $0, because interest is not due yet C) $461.10 D) $1, 100.00 PART A