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Example 1-continued Scenario 6 Campbell Company began operations on January 2, 2022. The company has 9 employees who work 8-hour days and are paid

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Example 1-continued Scenario 6 Campbell Company began operations on January 2, 2022. The company has 9 employees who work 8-hour days and are paid hourly. Each employee earns 10 paid vacation days annually, which may be used after January 15th of the following year. Additional information is as follows: Hourly Wage Rate 2022 $12 2023 $13 Days Used per Employee 2022 0 2023 4 Compute the liability for compensated absences that should be reported at December 31, 2023. mood 2022, the State of see filed suit agains 2023 Classical

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