At Oriole Company, employees are entitled to one day's vacation for each month worked. In January, $65$ employees worked the full

month. Record the vacation pay liability for January, assuming the average daily pay for each employee is $$125.($Credit account titles are

automatically indented when amount is entered. Do not indent manually.$)$

Date Account Titles and Explanation

Debit

Credit

Jan. $31$

Vacation Benefits Expense

Vacation Benefits Payable