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Skysang Company bazan operations on January 2, 2025. It employs 11 individuals who work Q-hour days and ars paid hourly. Each employae sarns 12 paid
Skysang Company bazan operations on January 2, 2025. It employs 11 individuals who work Q-hour days and ars paid hourly. Each employae sarns 12 paid vacation days and 7 paid sick days annually. Vacation days may be taken after January 15 af the year following the yaar in which they are earned. Sick days may be takan as saon as theyarz earnad; unused sick days accumulate Additional information is as follows. Skysong Company has chosen not to accrue paid sick lazve until used, and has chocen to accruevacation time at evpected futura rates of pay without discounting. The company used the following projected rates to aceruevacation time. (a) Prepare journal entries to record transactions related to compensated abeences during 2025 and 2026 . (lf no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are outomatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.)
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