Question 5 of 12 8.8/14 E View Policies Show Attempt History Current Attempt in Progress Bramble Company began operations on January 2, 2019. It employs 11 individuals who work 8-hour days and are paid hourly. Each employee earns 9 paid vacation days and 6 paid sick days annually. Vacation days may be taken after January 15 of the year following the year in which they are earned: Sick days may be taken as soon as they are earned unused sick days accumulate, Additional information is as follows. Actual Hourly Wage Rate 2019 2020 $10 $11 Vacation Days Used by Each Employee 2019 2020 Sick Days Used by Each Employee 2019 2020 8 5 Bramble company has chosen to accrue the cost of compensated absences at rates of pay in effect during the period when earned and to accrue sick pay when earned Your answer is partially correct. Prepare journal entries to record transactions related to compensated absences during 2019 and 2020. (If no entry is required, select "No Entry" for the account titles and enter for the amounts Credit account titles are automatically Indented when amount is entered. Do not indent manually) Condit und res to record transactions related to compensated absences during 2019 and 2020. (If no entry is required, select "No Entry for the account titles and enter for the amounts. Credit account titles are automatically indented when amount is entered. Do not Indent manually.) Debit Date Account Titles and Explanation 2019 Salaries and Wages Expense Credit 7920 7920 Salaries and Wages Payable (To accrue the expense and liability for vacations) Salaries and Wapes Expense 5280 Salaries and Wages Payable 5280 (To accrue the expense and liability for sick pay) 3520 Salaries and Wages Payable 3520 Cash (To record payment for compensated time when used by employees) 8.8 / 14 III (To record payment for compensated time when used by employees 2020 Sataries and Wages Expense 6712 Salaries and was able 871 (To accrue the expense and liability for vacations) Salaries and Wales Expense 5800 5808 Salaries and Wages Payable (To accrue the expense and liability for sick pay) Salaries and Wages Expenst Salaries and Wages Payable 7744 Cash (To record vacation time paid) Salaries and Wages Expense Salaries and Wages Payable Casti Question 5 of 12 8.8 / 14 Sales and water Salaries and Wes Payable 7764 Cane (To record Vacation time poid) Salaries and Wagns Expense DI Salaries and Wages Payable Cash (To record sick leave paid) eTextbook and Media List of Accounts 8.8/10 Question Part Score Questions of 12 8.8 / 14 Question Part Score 3.8/10 * Yoar answer is incorrect Compute the amounts of any liability for compensated absences that should be reported on the balance sheet at December 31 2019 and 2020 2019 2020 Vacation Wages Payable $ Sick Pay Wages Payable $ e Textbook and Media List of Accounts 0/4 Question Part Score Attempts: 1 of 3 used Subot Answer Save for Later