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Waterway Inc. provides paid vacations to its employees. At December 3 1 , 2 0 2 5 , 1 7 employees have each earned 2

Waterway Inc. provides paid vacations to its employees. At December 31,2025,17 employees have each earned 2 weeks of vacation time. The employees average salary is $470 per week. Prepare Waterways December 31,2025, adjusting entry. (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.)

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