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To match revenues and expenses properly, should the expense for employee vacation pay be recorded in the period during which the vacation privilege is earned
- To match revenues and expenses properly, should the expense for employee vacation pay be recorded in the period during which the vacation privilege is earned or during the period in which the vacation is taken? Discuss and provide an example of a journal entry.
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Accounting Information Systems And Internal Control
Authors: Eddy Vaassen, Roger Meuwissen, Caren Schelleman
2nd Edition
0470753951, 9780470753958
