Q1- The following totals for the ninth of April were taken from the payroll records of TARLA VISTA company Salaries $150000

FICA taxes withheld $9080 Income taxes witheld $23000 Medical insurance deduction $6000 Federal unemployment taxes $300 State unemployment taxes $2180 The accrual of employers payroll would include a(n) A) increase to FICA taxes payable for $18,360 B) Decrease to payroll Tax Expense for $2480 C) increase to payroll tax Expense for $2480 D) increase to payroll tax expenses for $11560

Q-2- If Larkspur Company issues 15000 shares of $5 per value common stock for $315000 A) common stick will be increased for $75000 B) paid in capital in Excess of per value will be increased for $75000 C) cash will be increased $240000 D) paid-in capital in excess of par value will be increased for $315000