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Which of the following statements regarding vacation benefits is correct? O A. The account, Vacation Expense is debited when the employee takes a paid vacation.
Which of the following statements regarding vacation benefits is correct? O A. The account, Vacation Expense is debited when the employee takes a paid vacation. OB. No entry is needed until the employee takes a paid vacation. OC. When an employee takes a paid vacation, the account, Vacation Benefits Payable is credited. OD. Health and pension benefits are recorded in the same manner as vacation benefits
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