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X provides its employees two weeks of paid vacation per year. As of 31 December 65 employees have earned two weeks of vacation time to

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X provides its employees two weeks of paid vacation per year. As of 31 December 65 employees have earned two weeks of vacation time to be taken the following year. If the average weekly salary for these employees is $660, what is the required journal entry? a. No journal entry required b. Debit Salaries and Wages Expense for $124,800 and credit Salaries and Wages Payable for $124,800 OC. Debit Salaries and Wages Expense for $85.800 and credit Salaries and Wages Payable for $85,800 d. Debit Salaries and Wages Payable for $124 295 and credit Salanes and Wages Expense for $124,295

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