Coronado Inc. provides paid vacations to its employees. At December $31,2020,44$ employees have each earned $2$ weeks of vacation time. The employees' average salary is $$680$ per week. Prepare Coronado's December $31,2020,$ adjusting entry. $($If no entry is required, select $"$No Entry" for the account titles and enter $0$ for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.$)$

Account Titles and Explanation

Debit

Credit