Marigold Company began operations on January 2, 2025. It employs 10 individuals who work 8 houir days and are paid hourly. Each employee earns 11 paid vacation days and 6 paid sick days annually. Vacation days may be taken atter January 15 of the year following the year in which they are earned. Sick days may be taken as soon as they are earned; unwsed sick days accumulate. Additional information is as follows Marigold Company has chosen to accrue the cost of compensated absences at rates of pay in elfect during the period when eamed and to accrue sick pay when earned Prepare journal entries to record transactions related to compensated absences during 2025 and 2026 . (ff no entry is required, select "No Entry" for the occount tities and enter O for the amounts. Credit occount titles are outomotically indented when amount is entered. Do not indent manually, List all debit entries before credit entries) (To accrue the expense and liablity for sick pay) Solaries and Wages Paysble 3200 (To record payment for compensated time when used by employees) 2026 Salaries and Wages Expense Salaries and Wages Payable (To accrue the expense and liability for vacations) Salaries and Wases Expense Solaries and Wases Pavable (To accrue the expense and liability for sick pay) Solaries and Waces Expense (To accrue the expense and liability for sick pay) Salaries and Wases Expense Salaries and Wages Payable Cash (To record vacation time paid) 53laries and Wages Experse Salaries and Wases Payable Cash (To record sick leave paid) Save for Later Last saved 1 second ago. Attempts: 0 of 1 used Submit