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QUESTION 24 On January 1, 2021 a company agreed to grant its employees two weeks of vacation each year, with th stipulation that vacations earned
QUESTION 24 On January 1, 2021 a company agreed to grant its employees two weeks of vacation each year, with th stipulation that vacations earned each year can be taken the following year. For the year ended Decembe 31, 2021, the company's employees each earned an average of $900 per week. Seven hundred vacatio weeks earned in 2021 were not taken during 2021. Provide the appropriate adjusting entry for vacation earned but not taken in 2021. An appropriate response will appear as follows: Dr. Account name Amount Cr. Account name Amount i TT T Arial 3 (12pt) T. E all answers
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