The following account titles were drawn from the general ledger of holt food supplies, incorporated (hfsi): computers, operating expenses, rent revenue, building, cash, notes payable, land, utilities payable, utilities expense, trucks, gasoline expense, retained earnings, supplies, accounts payable, office furniture, salaries expense common stock, service revenue, interest expense, dividends, supplies expense.
required:
a. create an accounting equation using the elements assets, liabilities, and stockholders’ equity.
list each account title under the element of the accounting equation to which it belongs.
b. will all businesses have the same number of accounts? explain your answer.

On january 8, the end of the first weekly pay period of the year, regis company's payroll register showed that its employees earned $22,760 of office salaries and $70,840 of sales salaries. withholdings from the employees' salaries include fica social security taxes at the rate of 6.20%, fica medicare taxes at the rate of 1.45%, $13,260 of federal income taxes, $1,450 of medical insurance deductions, and $860 of union dues. no employee earned more than $7,000 in this first pay period. required: 1.1 calculate below the amounts for each of these four taxes of regis company. regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid to each employee. the federal unemployment tax rate is 0.60