At September $30,2022,$ the end of the first year of operations at Lukancic Incorporated, the firm$$s accountant neglected to accrue payroll taxes of $$2,189$ that were applicable to payrolls for the year then ended.

Exercise $7-9($Algo$)$ Part c

c$.$ Assume that when the payroll taxes were paid in October $2022,$ the payroll tax expense account was charged. Assume that at September $30,2023,$ the accountant again neglected to accrue the payroll tax liability, which was $$2,660$ at that date. Determine the income statement and balance sheet effects of not accruing payroll taxes at September $30,2023.$