Done Activity Take: Practice! Vacation Pay and Pension Benefits...
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Done Activity Take: Practice! Vacation Pay and Pension Benefits Question 1 Vacation Pay and Pension Benefits Osterman Company provides its employees with vacation benefits and a defined contribution pension plan. Employees earned vacation pay of $46,100 for the period. The pens on plan requires a contribution to the plan ad trator equal to 9% o employee sa anes. Salaries were $493,000 during the period, and the full amount due was contributed to the pension plan administrator Required (a) Provide the journal entry for the vacation pay (b) Provide the journal entry for the pension benefit. Submit Answer Try Another Version Progress: 0/1 item Done
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