A company provides its employees two weeks of pald vacation per year. As of December 31,65 employees have earned two weeks of vacation time to be taken the following year. If the average weekly salary for these employees is 6950 , what is the required joumal entry? A. Debit Salaries and Wages Expense for 123,500 and credit Salarles and Wages Payable for 123,500 B. No journal entry required C. Debit Salaries and Wages Expense for 661,750 and credit Salaries and Wages Payable for 661,750 D. Debit Salaries and Wages Payable for 123,000 and credit Salaries and Wages Expense for 123,000 Moving to another question will save this response