An employer agrees to pay $5,000 for medical insurance andcontribute an additional 5% of the employees?? $120,000 grosssalaries to a retirement program. The entry to

An employer agrees to pay $5,000 for medical insurance andcontribute an additional 5% of the employeesâ?? $120,000 grosssalaries to a retirement program. The entry to record these accruedbenefits i 2 answers