Ayayai Limited began operations on January 2, 2019. The company employs 11 individuals who work 8 hour days and are paid hourly. Each employee earns 10 paid vacation days and 6 paid sick days annually. Vacation days may be taken after January 15 of the year following the year in which they are earned. Sick days may be taken as soon as they are earned; unused sick days accumulate. Additional information is as follows:

Actual Hourly Wage Rate				Vacation Days Used by Each Employee				Sick Days Used by Each Employee
2019		2020		2019		2020		2019		2020
$20		$22		0		7		4		5

Assume that Ayayai Limited has chosen not to recognize paid sick leave until it is used, and has chosen to accrue vacation time at expected future rates of pay without discounting. Ayayai uses the following projected rates to accrue vacation time:

Year in Which Vacation Time Was Earned		Projected Future Pay Rates Used to Accrue Vacation Pay
2019		$20.75 per hour
2020		$22.60 per hour

(a)

Prepare the journal entries to record the transactions related to vacation entitlement during 2019 and 2020. (Credit account titles are automatically indented when the amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts.)

Date	Account Titles and Explanation	Debit	Credit
2019
	(To accrue the expense and liability for vacations)
2019
	(To record vacation time paid)
2020
	(To accrue the expense and liability for vacations)
2020
	(To record vacation time paid)