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dedylja [7]
3 years ago
12

Athena Company provides employee health insurance that costs $5,000 per month. In addition, the company contributes an amount eq

ual to 5% of the employees' $120,000 gross salary to a retirement program. The entry to record the accrued benefits for the month would include a:
Business
1 answer:
Alchen [17]3 years ago
7 0

Answer:

The answer is given below;

Explanation:

Employee Benefit Expense (5,000+120,000*5%)  Dr.$11,000

Accrued Employee Benefits payable                                     Cr.$11,000

As these are the costs that company has to pay for employee retirement and health plans, therefore increase in these expenses will be recorded with corresponding effect to payable.

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Answer:

microblogging

Explanation:

Natalie has submitted her idea in a website. Her idea was supported by greater number of people. Natalie did not expected that her idea would gain such significance and will be voted as winning.

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The lower the market price,
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8 0
1 year ago
The selling price of a television is​ $1,600 and the cost to the retailer is​ $225. what is the​ retailer's gross profit from th
Anarel [89]
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8 0
3 years ago
The following are common categories on a classified balance sheet. a) Current assets b) Long-term investments c) Plant assets d)
noname [10]

Answer:

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8 0
3 years ago
When making contingency estimates, the contractor should Select one: a. estimate the amount to mitigate high impact and probable
coldgirl [10]

Answer:

a. estimate the amount to mitigate high impact and probable issues.

Explanation:

In project management, a contractor can be defined as an individual or organization that temporarily undertakes a project in order to create a unique result, product, and service.

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When making contingency estimates, the contractor should estimate the amount to mitigate high impact and probable issues.

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