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asap rocci Riverrun Company provides medical care and insurance benefits to its retirees. In the current year, Riverrun agrees to pay $31,500 for medical insurance
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Riverrun Company provides medical care and insurance benefits to its retirees. In the current year, Riverrun agrees to pay $31,500 for medical insurance and contribute an additional $9,650 to a retirement program. Record the entry for these accrued (but unpaid) benefits on December 31. View transaction list Journal entry worksheet Record the costs of employee benefits. Note: Enter debits before credits. General Journal Debit Credit Date December 31 Record entry Clear entry View general journalStep by Step Solution
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