Business, 18.11.2019 18:31 rnunez3

The pension plan for gl inc. requires a contribution to the plan administrator equal to 11% of employee salaries. salaries were $575,600 for the period. the journal entry to record the pension benefit would include a
a. credit to cash for $63,316.
b. debit to cash for $6,332.
c. debit to pension expense for $6,332.
d. credit to salary expense for $63,316.

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