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Oriole Company began operations on January 2 2019. It employs 11 individuals who work 8-hour days and are paid hourly. Each employee eams 11 paid vacation days and 7 paid sick days annually. Vacation days may be taken after January 15 of the year following the year in which they are eamed Sick days may be taken as soon as they are earned unused sickdays accumulate Additional information is as follows Actual Hourly Vacation Days Used Sick Days Used Wage Rate by Each Employee by Each Employee 2019 2020 2019 2020 2019 2020 58 59 0 5 6 10 Oriole Company has chosen to accrue the cost of compensated absences atrates of pay in effect during the period when earned and to accruesick pay when eamed Date Account Trules and Explanation Debit Credit 2019 Selarter and Wages Expense 8712 3712 Salaries and Wages Payable (To accrue the expense and ability for vacations) Salaries and Wages Expense 6776 Salaries and Wages Portal 6776 (To accrue the expense and ability for sick pay) Salaries and Wegea Pele 2840 Cash 4340 (To record payment for compensated time when used by employees 2020 Sairas na Wescenas Sand Wages are (To accrue the expense and oily for vacations) Salore and Wapu teense we way (To accrue the expense and ability for sick lay) Swagens To recanvis 20 Compute the amounts of any liability for compensated absences that should be reported on the balance sheet at December 31, 2019 and 2020 2019 2020 Vacation Wages Payable 5 5 $ Sick Pay Wages Payable List of Accounts

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