Games Co. contributes 8% of an employees salary to a retirement program, pays medical insurance premiums of
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Games Co. contributes 8% of an employee’s salary to a retirement program, pays medical insurance premiums of $60 per employee, and pays vacation allowance equivalent to 5% of the employee’s salary. Prepare a journal entry to record the fringe benefit costs for March.
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Related Book For
Fundamental Accounting Principles Volume 1
ISBN: 9781259259807
15th Canadian Edition
Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann
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