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Question 17 1 pts Company Z employed 50 employees with an average salary of $350 per week. They earned 100 unused vacation weeks in 2019.
Question 17 1 pts Company Z employed 50 employees with an average salary of $350 per week. They earned 100 unused vacation weeks in 2019. In 2020, they used a quarter of these vacation weeks. They also earned a raise and their salaries are now $400. How much salaries and wages expense does the company need to record in 2020 for the payment of vacation pay? $1,250 $35,000 $625 $8,750
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