?Matt Broderick Company began operations on January 2, 2013. It employs 12 individuals who work 8-hour days and are paid hourly. Each employee earns 13 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.

SEE SCREENSHOT

Matt Broderick Company has chosen not to accrue paid sick leave until used, and has chosen to accrue vacation time at expected future rates of pay without discounting. The company used the following projected rates to accrue vacation time

Prepare journal entries to record transactions related to compensated absences during 2013 and 2014.

Sick Days Used by Each Employee Actual Hourly Vacation Days Used by Each Employee Wage Rate 2013 2014 2013 2014 2013 2014 $15 $18 0 12 5 6 Matt Broderick Company has chosen not to accrue paid sick leave until used, and has chosen to accrue rates of pay without discounting. The company used the following projected rates to accrue vacation tim Year in Which Vacation Time Was Earned 2013 2014 Projected Future Pay Rates Used to Accrue Vacation Pay $%17 18 Prepare journal entries to record transactions related to compensated absences during 2013 and 2014