Exercise 9-13 Accounting for health and pension benefits LO P4 Vander Co. provides medical care and Insurance benefits to Its retirees. In the current year, Vander agrees to pay $9,500 for medical Insurance and contribute an additional 5% of the employees' $200,000 gross salarles to a retirement program. (1) Record the entry for these accrued (but unpald) benefits on December 31. (2) Assuming $5,000 of the retirement benefits are not to be pald for five years, how should this amount be reported on the current balance sheet? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Record the entry for these accrued (but unpaid) benefits on December 31. View transaction list View journal entry worksheet Date Credit No General Journal Debit Dec 31 Employee benefits expense 19,500