Current Attempt in Progress Sheridan Company began operations on Jantary 2, 2025. It employs 12 individuals who work 8-hour days and are paid hourly. Each employee earns 13 paid vacation days and 8 paid sick days annually. Vacation days may be taken after lanuary 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. Sheridan Company has chosen not to accrue paid sick leave until used, and has chosen to accrue vacation time at expected future rates of pay without discounting. The company used the following projected rates to accrue vacation time (a) Prepare journal entries to record transactions related to compensated absences during 2025 and 2026 . (ff no entry is repuired, select "No Entry" for the occount tities and enter of for the amounts. Credit occount bitles are outomotically indented when amount is Prepare journal entries to record transactions related to compensated absences during 2025 and 2026 . (If no entry is nequired, select "No Entry" for the account titles and enter O for the amounts. Credit account titles are outomatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.) 2026 Salaries and Wages Expense. Salaries and Wages Payable (To accrue the expense and liability for vacations) Salarier and Wages Expense Salaries and Wages Payable (To record sick leave paid) Salaries and Wages Expense Salaries and Wages Payable. Cash (To record vacation time paid)