Kieso, Intermediate Accounting, 14th edition Intermediate Accounting (ACCT 3213 3223) Assignment Gr Assignment CALCULATOR FULL SCREEN PRINTER VERSION BACK Matthewson Company began operations on January 2, 2012. It employs 9 individuals who work 8-hour days and are paid hourly. Each employee ork eams 10 paid vacation days and 8 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, Vacation Days Used Actual Hourly Sick Days Used Wage Rate by Each Employee by Each Employee 2013 2013 $16 Matthewson 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 earned (a) Prepare journal entries to record transactions related to compensated absences during 2012 and 2013. 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 No. Account Titles and Explanation 2012 L 11520 Salaries and wages P &24 PM