Blount Company provides its employees with vacation benefits and a defined contribution pension plan. Employees earned vacation

Question:

Blount Company provides its employees with vacation benefits and a defined contribution pension plan. Employees earned vacation pay of $30,000 for the period. The pension plan requires a contribution to the plan administrator equal to 10% of employee salaries. Salaries were $400,000 during the period. Provide the journal entry for the
(a) Vacation pay and
(b) Pension benefit.