Q2.

Acompany gives each of its employees 10 days of vacation a year if they are employed at the end of the year. The action accurates and may be taken starting January 1 of the next year. The employees work hours per day, in 2019, the rate of payment was $18.Sper hour and in 2020 it was $20 per hour. During 2020, employees took an average of 9 days of vacation each. The company's policy is to record the ability existing at the end of each year at the wage rate for that year. What amount of vacation liability would be reflected on the 2019 and 2000 balance sheets, respectively? ON $96.200: $120,000 OB 591,000: 117.000 O $96,200 $114,400 0.591,000;$114,400 1.25 points Organic Food Company offers a cash rebate of 0.25 on each $12 package of organic food sold during 2020. Historically 10% of cuantomers mal the rebate form. During 2020, 5,000,000 packages are sold, and 150,000 $0.25 rebuts are mailed to customers. What is the bed Hability, respectively, reported in the company's 2020 financial statements? ON $125,000; 87,500 OB. $125,000 $37.500 OC $37.500; $87,500 OD $125,000 $125.000