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Solve Required 1 and 2 Exercise 13-5 Paid future absences [L013-3 On January 1,2018, Poplar Fabricators Corporation agreed to grant its employees two weeks n

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Solve Required 1 and 2
Exercise 13-5 Paid future absences [L013-3 On January 1,2018, Poplar Fabricators Corporation agreed to grant its employees two weeks n vacation each year, with the stipulation vacations earned eoch year can be taken the following year. For the year ended December 31,2018, Poplar Fabricators employees each earned an average of $850 per week. Sik hundred vacation weeks earned In 2018 were not taken during 2018 . Prepare 2. Suppose that, by the time vacations from their 2018 level Also, the appropriate adjusting entpy for vacations earned but not taken in 2018 are taken in 2019, wage rates for employees have risen by an average of 6 percent assume wages earned in 2019 (including vacations earned and taken in 2019) were $32 million. Prepare a journal entry that summarizes 2019 wages and the payment for 2018 vacations taken in 2019. Complete this question by entering your answers in the tabs below Required 1 Required 2 Prepare the agpropriate adjusting entry for vacations earned but not taken in 2018. (If no entry is required for a transactionvevent, Journal entry worksheet Prec 20, 41a Next > MacBook Air BBBB 968888 2

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