Grouper Corporation offers enriched parental benefits to its staff. While the government provides compensation based on $($b$)$

Prepare one entry to summarize all entries that Grouper will make in $2024$ relative to Zeinab's leave. $($Round answers to $0$

decimal places, e$.$g$.5,275.$ Credit account titles are automatically indented when the amount is entered. Do not

indent manually. List debit entry before credit entry. If no entry is required, select $"$No Entry" for the account titles

and enter $0$ for the amounts.$)$

Account Titles and Explanation

Debit

Credit

Employment Insurance legislation for a period of $12$ months, Grouper increases the amounts received and extends the period of

compensation. The benefit program tops up the amount received to $100\%$ of the employee's salary for the first $12$ months, and

pays employees $70\%$ of their full salary for another six months after the El payments have stopped.

Zeinab Jolan, who earns $$54,080$ per year, announced to her manager in early June $2023$ that she was expecting a baby in mid$-$

November. On October $29,2023,9$ weeks before the end of the calendar year and Grouper's fiscal year, Zeinab applied for and

began her $18-$month maternity leave. Assume that the Employment Insurance program pays her a maximum of $$720$ per week for

$52$ weeks.

For the purpose of this question, ignore any tax, CPP$,$ and EI deductions when making payments to Zeinab.

$($a$)$

Prepare all entries that Grouper must make during its $2023$ fiscal year related to the parental benefits plan in regard to

Zeinab. $($Round answers to $0$ decimal places, e$.$g$.5,275.$ Credit account titles are automatically indented when the

amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select

$"$No Entry" for the account titles and enter $0$ for the amounts.$)$

Date

Account Titles and Explanation

Debit

Credit

October

$29,2023$

Employee Benefit Expense

Parental Leave Benefits Payable

$($To record employee benefit expense$)$