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4. Your company has 50 employees who receive 28 vacation days per year. They work 8 hour days and make $20 per hour. Vacation
4. Your company has 50 employees who receive 28 vacation days per year. They work 8 hour days and make $20 per hour. Vacation days not taken are carried over to the next year. Here are the days earned and taken in 2019: Employees Days earned and not taken Carryover days 10 20 7 140 20 5 100 = 50 = 240 %3D %3D a. Record vacation taken in 2019 b. Estimate and record the liability for compensated absences Record vacation actually taken if 100,000 was the actual cost C.
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Construction accounting and financial management
Authors: Steven j. Peterson
2nd Edition
135017114, 978-0135017111
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