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A12-15 Provisions-Compensated Absences (LO 12-5, 12-8) Tunacliff Mowers allows each employee to earn 15 fully paid vacation days each year. Unused vacation time can be carried over to the next year, if not taken during the next year, it is lost. By the end of 20X5, all but 3 of the 30 employees had taken their earned vacation time; these 3 carried over to 206 a total of 20 vacation days. These 20 days represented total 205 salary of $6,300. During 206. each of these three used their 205 vacation carryover; none of them had received a pay rate change from 205 to the time they used their carryover. Total cash wages paid: 205,$735,000;206,$810,000. Required: 1. Give the entries for Tunacliff related to vacations during 205 and 206. Disregard payroll taxes. (If no entry is required for a transaction/event, select "No journal entry required" in the first account field.) Required: 1. Give the entries for Tunacliff related to vacations during 205 and 206. Disregard payroll taxes.1 transaction/event, select "No journal entry required" in the first account field.) Record the adjusting entry to accrue vacation salaries not yet taken or paid. Record the vacation time carryover taken and paid. Journal entry worksheet Record the adiustina entrv to accrue vacation salaries not vet taken or paid. 2. Compute the total amount of wage expense for 205 and 206. Answer is complete but not entirely correct. 3-a. The appropriate statement of financial position presentation in 205 for the vacation carryover balances. Answer is complete but not entirely correct. 3-b. How would the vacation time carried over from 205 affect the retained earnings