CALCULATOR PRINTER VERSION 4 BACK NEXT Exercise 13-03 (Part Level Submission) Stellar Company began operations on January 2, 2019. It employs 11 individuals who work 8-hour days and are paid hourly. Each employee earns 9 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 2019 2020 $10 $11 Vacation Days Used by Each Employee 2019 2020 0 8 Sick Days Used by Each Employee 2019 2020 4 5 Stellar Company has chosen to accrue the cost of compensated absences at rates of pay in effect during the period when earned and to accrue sick pay when earned. (a) Prepare journal entries to record transactions related to compensated absences during 2019 and 2020. (If no entry is required, select "No Entry" for the account titles and enter o for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit 2019 Salaries and Wages Expen 8800 8800 Salaries and Wages Pay (To accrue the expense and liability for vacations) Salaries and Wages Expen 5280 5280 Salaries and Wages Pay (To accrue the expense and liability for sick pay) Salaries and Wages Payab 7920 7920 Cash (To record payment for compensated time when used by employees) 2020 Salaries and Wages Expen Salaries and Wages Pay (To accrue the expense and liability for vacations) 9680 9680 Salaries and Wages Expen 5808 Salaries and Waqes Paul 5808 ion) 5280 Salaries and Wages Pay (To accrue the expense and liability for sick pay) Salaries and Wages Payab 7920 08 7920 ion) 03 02 09 Cash (To record payment for compensated time when used by employees) 2020 Salaries and Wages Expen 9680 9680 Salaries and Wages Pay (To accrue the expense and liability for vacations) cudy. Salaries and Wages Expen 5808 5808 Salaries and Wages Pay (To accrue the expense and liability for sick pay) Salaries and Wages Expen 8712 Salaries and Wages Pay 8712 8712 Cash (To record vacation time paid) Salaries and Wages Expen Salaries and Wages Payab Cash (To record sick leave paid) LINK TO TEXT Attemnte. of 2 used SAYF FOR LATER SUBMIT ANSIATED