View Policies Current Attempt in Progress Sheridan Company has $2490000 of short-term debt it expects to retire with proceeds from the sale of 52000 shares of common stock. There is no contractual agreement to retire the debt with the stock sale proceeds. If the stock is sold for $30 per share subsequent to the balance sheet date, but before the balance sheet is issued, what amount of short-term debt could be excluded from current liabilities? O $1560000 O $0, No contractual agreement to retire the debt with stock proceeds. O $2490000 $930000 Attempts:0 of 1 used Submit Answer Save for Later -11 View Policies Current Attempt in Progress Marigold provides its employees two weeks of paid vacation per year. As of December 31, 70 employees have earned two weeks of vacation time to be taken the following year. If the average weekly salary for these employees is $820, what is the required journal entry to accrue compensated absences? O No journal entry required, O Debit Salaries and Wages Expense for $57400 and credit Salaries and Wages Payable for $57400 O Debit Salaries and Wages Payable for $114295 and credit Salaries and Wages Expense for $114295. Debit Salaries and Wages Expense for $114800 and credit Salaries and Wages Payable for $114800. Se for later Attempts: 0 of 1 used Smit