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Item Skipped PrintItem 18 An employer agrees to pay $16,000 for medical insurance and contribute an additional 4% of the employees' $160,000 gross salaries to

Item Skipped PrintItem 18 An employer agrees to pay $16,000 for medical insurance and contribute an additional 4% of the employees' $160,000 gross salaries to a retirement program. The entry to record these accrued benefits is:

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