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An employee's wages equal $1,450.00. The employee has a 401(K) contribution of $50.00 deducted from his/her paycheck. The employer will match up to 4% of

An employee's wages equal $1,450.00. The employee has a 401(K) contribution of $50.00 deducted from his/her paycheck. The employer will match up to 4% of the employee's wages. What will be the amount recorded to the 401(K) payable account after this transaction has been recorded

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