Kingbird Company began operations on January 2, 2019. It employs 9 individuals who work 8-hour days and are paid hourly. Each employee earns 10 paid vacation days and 6 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.

Actual Hourly Wage Rate						Vacation Days Used by Each Employee				Sick Days Used by Each Employee
2019			2020			2019		2020		2019		2020
$8			$9			0		9		4		5

Kingbird 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 when earned.

Prepare journal entries to record transactions related to compensated absences during 2019 and 2020. (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.)

Debit Credit Date Account Titles and Explanation 2019 Salaries and Wages Expense 5760 5760 Salaries and Wages Payable (To accrue the expense and liability for vacations) Salaries and Wages Expense 4320 4320 Salaries and Wages Payable (To accrue the expense and liability for sick pay) Salaries and Wages Expense 2880 2880 Salaries and Wages Payable (To record payment for compensated time when used by employees) Salaries and Wages Expense 2020 6480 6480 Salaries and Wages Payable (To accrue the expense and liability for vacations) Salaries and Wages Expense 6480 6480 Salaries and Wages Payable (To accrue the expense and liability for sick pay) Salaries and Wages Expense 648 Salaries and Wages Payable 6,480 Cash 4,050 Cash Salaries and Wages Expense Salaries and Wages Payable Cash (To record sick leave paid) e Textbook and Media List of Accounts Compute the amounts of any liability for compensated absences that should be reported on the balance sheet at December 31, 2019 and 2020. 2019 2020 Vacation Wages Payable $ $ Sick Pay Wages Payable $ $ $