What journal entry should Chopin Nocturnes make in Year 2? List each account, and note whether debit or credit and the dollar amount. Employs 500 hourly employees. During the current year, employees earned 1,000 weeks of vacation. Employees took 800 weeks of vacation but carried over a total of 200 weeks. The average weekly rate of compensation is $1,200. Chopin Nocturnes follows a policy that all accumulated vacation days are lost by the employee either upon termination or at retirement. Past experience indicates that employees will not take 10% of accrued vacations. In the following year, employees take 180 weeks of accrued vacation when the average weekly rate of compensation is $1,250.