*Practice Exercise 13-1 Jordan Incorporated began operations on January 2, 2016. Jordan employs 7 nd viduals who work 8-hour days and are paid hourly. Each employee earns 12 paid vacation days and 5 paid sick days annually. Vacation days may be taken after February 28 of the year in which they are earned. Sick days may be taken as soon as they are eamed; unused sick days accumulate. Additional information is as follows. Actual Hourly Vacation Days Used Sick Days Used by Each Employee by Each Employee Wage Rate 2016 2017 2016 2017 2016 2017 $12 $14 Prepare journal entries to record transactions related to compensated absences during 2016 and 2017. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit 2016 (To accrue the expense and iability for sick pay) (To record vacation time paid) (To record sick time paid) 2017 and'etiny for vacations (Toaoanue the expense and iability for sick pay)