Riverbed Limited began operations on January 2,2022. Riverbed employs 11 individuals who work eight-hour days...
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Riverbed Limited began operations on January Riverbed employs individuals who work eighthour days and are paid hourly. Each employee earns paid vacation days and paid sick days annually. Vacation days may be taken after January of the year following the year in which they are earned. Sick days may be taken as soon as they are earned; unused sick days accumulate. Additional information is as follows: Assume that Riverbed Limited has chosen not to recognize paid sick leave until it is used, and has chosen to accrue vacation time at expected future rates of pay without discounting. Riverbed uses the following projected rates to accrue vacation time: b Prepare the journal entries to record the transactions related to sick days during and Credit account titles are automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is required, select No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem. Date Account Titles and Explanation Debit Credit 
Riverbed Limited began operations on January Riverbed employs individuals who work eighthour days and are paid
hourly. Each employee earns paid vacation days and paid sick days annually. Vacation days may be taken after January of the
year following the year in which they are earned. Sick days may be taken as soon as they are earned; unused sick days accumulate.
Additional information is as follows:
Assume that Riverbed Limited has chosen not to recognize paid sick leave until it is used, and has chosen to accrue vacation time at
expected future rates of pay without discounting. Riverbed uses the following projected rates to accrue vacation time: b
Prepare the journal entries to record the transactions related to sick days during and Credit account titles are
automatically indented when the amount is entered. Do not indent manually. List all debit entries before credit entries. If no entry is
required, select No Entry" for the account titles and enter for the amounts. Record journal entries in the order presented in the problem.
Date
Account Titles and Explanation
Debit
Credit
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