Sycamore Ltd. Began operations of January 2, 2017. The company employs 15 people who work 8-hour days. Each employee earns 10 paid vacation days annually. Vacation days may be taken after January 10 of the year following the year in which they are earned. The average hourly ware rate was $12.00 in 2017 and $12.75 in 2018. The average number of vacation days used by each employee in 2018 was 9. Sycamore accrues the cost of compensated absences at rates of pay in effect when earned

Instructions

Prepare journal entries to record the transactions related to paid vacation days during 2017 and 2018