Solution :- Debit to Employee Benefit Expense $19,370.
Reason :-
Employee benefit are paid to the employee in addition to their normal salary or wages, these benefits are also called perks or perquisites.
Calculation of amount of benefir accrued :-
Total employee benefit Expense to be accrued
= 14,900 + 4,470 = $19,370
As part of journal entry:
A debit will be given to employee benefit expense with $19,370.
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