Prepare the appropriate adjusting entry for vacations earned but not taken in $2024.$

Suppose that, by the time vacations actually are taken in $2025,$ salary rates for employees have risen by an average of $5p$ from their $2024$ level. Also, assume salaries earned in $2025($including vacations earned and taken in $2025)$ were $$31$ millic Prepare a journal entry that summarizes $2025$ salaries and the payment for $2024$ vacations taken in $2025.$

Complete this question by entering your answers in the tabs below.

Required $2$

Prepare the appropriate adjusting entry for vacations earned but not taken in $2024.$

Note: If no entry is required for a transaction$/$event$,$ select $"$No journal entry required" in the first account field.

Journal entry worksheet

$1$

Record the adjusting entry for vacations earned but not taken in $2024.$

Note: Enter debits before credits.

$\backslash$table$[[$Event$,$General Journal,Debit,Credit$],[1,,18,]]$