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Plz answer as fast as u can. IGN Corporation provides a defined contribution pension plan for its employees. Under the plan, the company deducts 5%

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IGN Corporation provides a defined contribution pension plan for its employees. Under the plan, the company deducts 5% of ea mployee's gross pay for each bi-weekly pay period. The company then contributes 6% of the employees' gross pay to the pensio lan. The combined contributions are then submitted to the pension trustee within 10 days of the end of the month in which the vas earned. For the first pay period of October (from Sunday October 1 to October 14, 2023), HGN's total gross payroll was $160,000. Total gross payroll for the period October 15 through October 28, 2023, was $170,000. The total anticipated payroll for the period October 29 through November 10, 2023, was $165,000 (employees worked Monday through Friday each week). On November 10 2023, HGN submitted the pension contributions to the trustee for the month of October (including accruals up to and including October 31 ). (a) Prepare the October 14 journal entry to record the payroll, including employee and employer contributions to the pension plan. For simplicity, ignore income taxes and other statutory deductions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered, Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.) or simplicity, ignore income taxes and other statutory deductions. (List all debit entries before credit entries. Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

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