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1/31 Paid USAA. $105,000 as the fund trustee for our pension plan. The annual pension cost is $120,000. 3/31 Sales was $540,000 and product warranty
1/31 Paid USAA. $105,000 as the fund trustee for our pension plan. The annual pension cost is $120,000. 3/31 Sales was $540,000 and product warranty is to be expensed at 4% of sales. 5/31 Our employees have accrued vacation time for this month amounting to $2350. REQUIRED: Journalize the above transactions
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