Business, 21.04.2020 17:59 arias333

Athena Company's salaried employees earn two weeks of vacation per year. It pays $858,000 in total employee salaries for 52 weeks but its employees work only 50. Record Athena Company's weekly journal entry to record the vacation expense: Multiple Choice Debit Vacation Benefits Expense $16,500; credit Vacation Benefits Payable $16,500. Debit Vacation Benefits Expense $660; credit Vacation Benefits Payable $660. Debit Vacation Benefits Expense $17,160; credit Vacation Benefits Payable $17,160. Debit Vacation Benefits Payable $660; credit Vacation Benefits Expense $660. Debit Vacation Benefits Payable $16,500; credit Vacation Benefits Expense $16,500.

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Athena Company's salaried employees earn two weeks of vacation per year. It pays $858,000 in total e...