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Outlook PWC Workday w Workday pwc W wil Kieso, Intermediate Accounting, 17e 08:10 PM / Remaining: 100 min INTERMEDIATE FIN ACCTI & CALCULATOR Testbank Multiple
Outlook PWC Workday w Workday pwc W wil Kieso, Intermediate Accounting, 17e 08:10 PM / Remaining: 100 min INTERMEDIATE FIN ACCTI & CALCULATOR Testbank Multiple Choice Question 108 A company gives each of its 80 employees (assume they were all employed continuously through 2020 and 2021) 12 days of vacation a year if they ar of the year. The vacation accumulates and may be taken starting January 1 of the next year. The employees work 8 hours per day. In 2020, they made in 2021 they made $20 per hour. During 2021, they took an average of 9 days of vacation each. The company's policy is to record the liability existing year at the wage rate for that year. What amount of vacation liability would be reflected on the 2020 and 2021 balance sheets, respectively? $ 126720; $ 192000 $153600; $ 185700 $126720; $ 185700 $153600; $ 192000 Click if you would like to show Work for this question: Open Show Work Question Attempts: 0 of 1 used SUN to search o E
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