Vargas Company has 35 employees who work 8-hour days and are paid hourly. On January 1, 2020, the company began a program of granting its employees 10 days of paid vacation each year. Vacation days earned in 2020 may first be taken on January 1, 2021. Information relative to these employees is as follows: Hourly Vacation Days Earned Vacation Days Used Year Wages by Each Employee by Each Employee 2020 25.80 10 0 2021 27.00 10 8 Vargas has chosen to accrue the liability for compensated absences at the current rates of pay in effect when the compensated time is earned. Journalize the entries in 2020 and 2021