The treatment of defined contribution plan by thecompany and journal entries to record it. Given information: Contribution rate is 2%. Assumed total salaries for the year are $875,000.

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Chapter 19, Problem 19.15BE

To determine

The treatment of defined contribution plan by thecompany and journal entries to record it.

Given information:

Contribution rate is 2%.

Assumed total salaries for the year are $875,000.

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