Teal Company began operations on January 2, 2025. It employs 11 individuals who work 8-hour days and are paid hourly. Each employee earns 10 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. Teal Company has chosen to accrue the cost of compensated absences at rates of pay in effect during the period when eamed and to accrue sick payy when earned. Prepare journal entries to record transactions related to compensated absences during 2025 and 2026. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered, Do not indent manually, List all debit entries before credit entries.) Salaries and Wages Expense Salaries and Wages Payable (To accrue the expense and liability for vacations) Salaries and Wages Expense Salaries and Wages Payable (To accrue the expense and liability for sick pay) Salarles and Wages Expense Saharies and Wages Payable (To record vacation time paid) Salaries and Woges Expense (To record vacation time paid) Salaries and Wages Expense 176 Salaries and Wages Payable 3344 Cash (To record sick leave paid) Compute the amounts of any liability for compensated absences that should be reported on the balance sheet at December 31. 2025 and 2026