A salaried employee has earned an estimated $1,080 in vacation pay for the month of January, The company accrues its estimated vacation play liabilities at the end of each month. On January 31, the employer makes the journal entry as Select one: a. Debit Vacation Pay Expense $1,080, Credit Cash 51,080 b. Debit Vacation Pay Expense 31,080. Credit Vacation Pay Payable 51,080 C. Debit Vacation Pay Payable 1,080, Credit Vacation Pay Expense $1.000 d. Debit Vacation Pay Payable 51,080. Credit Cash $1,080