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1. Employees earn vacation pay at a rate of one day per month. During December, 27 employees quality for one vacation day each Their average daily wage is $250 per employee total $128,000. The company expects 8% of the units to need warranty repairs, and it estimates the average repar (ost per lint wit be $14. day warranty. December sales for this product Prepare any necessary adjusting entries at December 31, 2017, for Maxum Company's year-end financial statements for each of the above separate transactions and events. View transaction list Journal entry worksheet 2 Employees earn vacation pay at a rate of one day per month. During December, 27 employees qualify for one vacation day each. Their average daily wage is s250 per employee. Record the related adjusting entry Note: Enter debits before credits. Debit Credit General Journal Transaction