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Part 2 Supermercado Caridad offers its employees vacation benefits and contributes a 2% contribution to a 401K. Employees had total wages of $ 125,000 and

Part 2

Supermercado Caridad offers its employees vacation benefits and contributes a 2% contribution to a 401K. Employees had total wages of $ 125,000 and vacation benefits of $ 28,460.

1.Calculate how much the employer contributes for the 401k. 2.Make the wage entries related to vacation pay. 3.Make the wage entries related to the 401K contribution.

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