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Sushi Supermarket offers its employees vacation benefits and contributes a 2% contribution to a 401K. Employees had total wages of $ 125,000 and vacation
Sushi Supermarket 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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Employers contribution to 401K plan is 2 of the Tot...
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Corporate Financial Accounting
Authors: Carl S. Warren, James M. Reeve, Jonathan E. Duchac
12th edition
1305041399, 1285078586, 978-1-133-9524, 9781133952428, 978-1305041394, 9781285078588, 1-133-95241-0, 978-1133952411
