Employees at Custom Woodworking Co. are entitled to two weeks' vacation every year, which is equivalent to

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Employees at Custom Woodworking Co. are entitled to two weeks' vacation every year, which is equivalent to 4% of their gross earnings. The annual gross earnings for the employees average $570,000. Provide the journal entry required each month to accrue employee vacation pay.
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Accounting

ISBN: 978-0176509743

Volume 1, 2nd canadian Edition

Authors: Carl warren, James Reeve, Jonathen Duchac, Sheila Elworthy,

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