Martin Services Company provides its employees vacation benefits and a defined contribution pension plan. Employees eamed vacation pay of $42.000 for the period. The pension plan requires a contribution to the plan administrator equal to 10% of employee salaries. Salaries were $400,000 during the period. a. Provide the journal entry for the vacation pay. If an amount box does not require an entry, leave it blank. b. Provide the journal entry for the pension benefit. If an amount box does not require an entry, leave it blank. - Martin Services Company provides its employees vacation benefits and a defined contribution pension plan. Employees eamed vacation pay of $42,000 for the period. The pension plan requires a contribution to the plan administrator equal to 10% of employee salaries. Salaries were $400,000 during the period. a. Provide the journal entry for the vacation pay. If an amount box does not require an entry, leave it blank. b. Provide the journal entry for the pension benefit. If an amount box does not require an entry, leave it blank. Pension Expense Cash Pension Expense Salaries Expense Salaries Payable Unfunded Pension Uability The current portion of long-term debt should Oa. not be separated from the long-term portion of debt Ob. be classified as a long-term liability Oc. be paid immediately Od. be reclassified as a current liability