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At Bonita Company, employees are entitled to one day's vacation for each month worked. In January, 80 employees worked the full month. Record the
At Bonita Company, employees are entitled to one day's vacation for each month worked. In January, 80 employees worked the full month. Record the vacation pay liability for January, assuming the average daily pay for each employee is $130. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Jan. 31 Debit Credit Tr
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