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The below information relates to NZ King Salmon's employee benefits (as annual and sick leave are not disclosed separately please ignore them). Defined contribution plan expenses are expensed as incurred. Other employee benefit expenses are long-service leave and no long-service leave was taken during the year.
2019
Employee benefit expense $000
Wage and salaries 32,473
Defined contribution plan expenses 785
Restructuring costs (38)
Other employee benefit expenses 4,800
Question 1: Record the journal entries that would have been recorded for the above information for the 2019 financial year. You must justify and explain your answer and include workings.
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