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Gander Publications had the following payroll data for its May 14 pay date: If the firm matches employee 401(k) contributions at 50 percent of the

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Gander Publications had the following payroll data for its May 14 pay date: If the firm matches employee 401(k) contributions at 50 percent of the employee's contribution, what is the amount to be remitted for this pay date? Debit Cash $1,205.50; Credit 401(k) Contributions Payable $1,205.50 Debit Cash $255.12; Credit 401(k) Contributions Payable $255.12 Debit 401(k) Contributions Payable $733.10; Credit Cash $733.10 Debit 401(k) Contributions Payable \$1,099.65; Credit Cash $1,095.65

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