Vacation Pay and Pension Benefits Manfield Company provides its employees with vacation benefits and a defined benefit pension plan. Employees earned vacation pay of $48,500 for the period. The pension formula indicated a pension cost of $339,320. Only $296,300 was contributed to the pension plan administrator Required: it blank. a. Provide the journal entry for the vacation pay. If an amount box does not require an entry, leave it t 88 b. Provide the journal entry for the pension benefit. If an amount box does not require an entry, leave it blank.