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The employees of Parma Company are entitled to one day's vacation for each month worked. The average daily pay for each of the 50 employees
The employees of Parma Company are entitled to one day's vacation for each month worked. The average daily pay for each of the 50 employees is $130. The adjusting entry to record the vacation expense of $6,500($13050) at the end of each month is: account up to date? Vacation Benefits Payable If an amount box does not require an entry, leave it blank
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