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PART B: (13-6) On jan 1,2020 carrefour started operations with 100 employees who work 8...

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Accounting

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PART B: (13-6) On jan 1,2020 carrefour started operations with 100 employees who work 8 hours days and are paid hourly. Carrefour grants its employees 9 days of paid vacation each year. Vacation days earned in any year may to taken on jan 1 in the following year. Information relative to the employees is as follows: REQUIRED: A) Prepare the entry to accrue the compensated absence in 2020. B) Prepare the entry to record the vacation days used in 2021. C) Calculate the vacation wages liability at dec 31, 2021

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