Business, 10.08.2021 01:00 Blazingangelkl

Athens Company's salaried employees earn two weeks of vacation per year. The company estimated and must expense $10,200 of accrued vacation benefits for the year. Which of the following is the necessary year-end adjusting entry to record accrued vacation benefits? a) Debit Vocation Benefits Payable $10.200; credit Vacation Benefits Expense $10,200.
b) Debit Vacation Benefits Expense $20,760; credit Vacation Benefits Payable $20,760.
c) Debit Vacation Benefits Expense $20,100; credit Vacation Benefits Payable $20,100.
d) Debit Vacation Benefits Payable $20,100; credit Vacation Benefits Expense $20,100.
e) Debit Vacation Benefits Expense $10,200; credit Vacation Benefits Payable $10,200.

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Athens Company's salaried employees earn two weeks of vacation per year. The company estimated and m...