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Kasten Inc. provides paid vacations to its employees. At December 31, 2014, 30 employees have...

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Kasten Inc. provides paid vacations to its employees. At December 31, 2014, 30 employees have each earned 2 weeks of vacation time. The employees' average salary is $500 per week. In the first half of 2015, Kasten Inc. pays 14 weeks of vacation time used when the average employee salary was $520 per week. Prepare Kasten's December 31, 2014, adjusting entry and also the entry in 2015 to pay vacation time used. December 31, 2014 adjusting entry: Accounts Debit Credit [ Select] [Select] [Select] [Select] 2015 journal entry for used vacation time: Accounts Debit Credit [Select] [Select] [ Select] > [ Select] > [ Select] [Select]

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