According to a summary of the payroll of Scotland Company, $450,000 was subject to the 6.0% social security taxand $500,000 was subject to the 1.5% Medicare tax. Federal income tax withheld was $98,000 . Also, $15,000 wassubject to state (4.2%) and federal (0.8%) unemployment taxes. The journal entry to record accrued salarieswould include a
a. debit to Salaries Payable of $313,000
b. credit to Salaries Payable of $364,500
c. debit to Salaries Expense of $364,500
d. credit to Salaries Expense of $313,000
b
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Answer the following statement true (T) or false (F)
A microwave has a mean time between failures of 157 and mean time to repair of 17. In this case, the availability is ______.
a. 0.902 b. 0.920 c. 0.960 d. 0.930
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When the intellectual property being licensed is technology protected primarily by a patent, a key license provision will be a clause setting forth the licensee's obligation to keep the licensed technology confidential
Indicate whether the statement is true or false