McFriend Inc records its liabilities for employees vacations at the end of each month. McFriend has 46 employees who are paid an average of $152 per day. The company allows 15 paid vacation days per year. For the August 31 payroll, McFriend pays its employees $130,000 for time worked and $15,000 for vacation taken Required: Prepare the journal entry to record McFriend's August 31 payroll GENERAL JOURNAL Score: 24/37 DATE ACCOUNT TITLE POST. REF. DEBIT CREDIT 1 225,492.00 2 Aug. 31 Salaries Expense Liability for Compensated Absences Salaries Payable 8,740.00 216,752.00 Points 4.54/7