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As of December 31, Marr, Incorporated, has accrued benefits to its employees for medical insurance (in the amount of $12,000) and a contribution to a
As of December 31, Marr, Incorporated, has accrued benefits to its employees for medical insurance (in the amount of $12,000) and a contribution to a retirement program (at 10% of the employees' $200,000 gross salary). Prepare the December 31 entry for Marr by selecting the account names from the drop-down menus and entering the dollar amounts in the debit or credit columns.
Journal entry worksheet As of December 31, Marr, Inc., has accrued benefits to its employees for medical insurance (in the amount of $12,000 ) and a contribution to a retirement program (at 10% of the employees' $200,000 gross salary). Note: Enter debits before creditsStep by Step Solution
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