Kalyalya Corporation had the following payroll data for the month ending April, 2017. Office Salaries K60,000
Sales Salaries K96,000
Federal Income Taxes withheld K22,600
Health insurance premiums deducted K1,850
United Way contributions deducted K950

Salaries (Included above):
Subject to FICA taxes K156,000
Subject to federal unemployment taxes K76,000
Subject to state unemployment taxes K68,000
The FICA tax rate is 7.5%, the federal unemployment compensation tax rate is .8%, and the state unemployment compensation tax rate is 5.4%. The amounts subject to these taxes are 6800given above.
Required:
Present general journal entries to record:
a) Accrual of the payroll (6 Marks)
b) Payment of the net payroll (4 Marks)
c) Accrual of employer’s payroll taxes (4 Marks)
d) Payment of all liabilities related to the payroll. (Assume that all are settled at the same time.) (6 Marks)

Jade international is a highly diversified global firm with headquarters in new jersey. it manufactures a variety of products ranging from home security systems to automotive components. jade's 100,000 employees work at facilities located in more than 60 countries around the world. jade frequently sends american managers overseas to manage the firm's foreign facilities. the hr department is considering the idea of redesigning jade's expatriate support services program.which of the following, if true, best supports jade's decision to provide assistance to trailing spouses in finding jobs overseas? a) jade puts great emphasis on promoting the role of women in global management.b) the majority of jade's expatriate managers have long-term international experience.c) jade has lost a significant chunk of its global cadre in the recent past owing to its failure to offer feasible options to address the dual-career couples dilemma.d) female managers at jade have reported discriminatory treatment while on overseas assignments.

Required prepare the necessary adjusting entries in the general journal as of december 31, assuming the following: on september 1, the company entered into a prepaid equipment maintenance contract. birch company paid $3,400 to cover maintenance service for six months, beginning september 1. the payment was debited to prepaid maintenance. supplies on hand at december 31 are $3,900. unearned commission fees at december 31 are $7,000. commission fees earned but not yet billed at december 31 are $3,500. (note: debit fees receivable.) birch company's lease calls for rent of $1,600 per month payable on the first of each month, plus an annual amount equal to 1% of annual commissions earned. this additional rent is payable on january 10 of the following year. (note: be sure to use the adjusted amount of commissions earned in computing the additional rent.)

For the year ended december 31, a company has revenues of $323,000 and expenses of $199,000. the company paid $52,400 in dividends during the year. the balance in the retained earnings account before closing is $87,000. which of the following entries would be used to close the dividends account?