MoFriend Inc, records its liabilities for employees' vacations at the end of each month. For the month of January, McFriend had 46 employoes who are paid an average of $144 per day. The company allows 10 paid vacation days per year. Required: Prepare the joumal entry to record the monthly vacation accrual for July 1 . Prepare the joumal entry to record the monthly vacation accrual for July 1