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Pina Company began operations on January 2, 2024. It employs 9 individuals who work 8-hour days and are paid hourly. Each employee earns 10 paid vacation days and 6 paid sick days annually. Vacation days may be taken after January 15 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: Pina Company has chosen not to accrue paid sick leave until used, and has chosen to accrue vacation time at expected future rates of pay without discounting. The company used the following projected rates to accrue vacation time: Prepare journal entries to record transactions related to compensated absences during 2024 and 2025. (If no entry is required, select "No Entry" for the account titles and enter 0 for the amounts. Credit account titles are automatically indented when amount is entered. Do not indent manually. List all debit entries before credit entries.) 2025 Salaries and Wages Expense \begin{tabular}{|r|r|} \hline \hline 12960 \\ \hline \end{tabular} Salaries and Wages Payable 12960 (To accrue the expense and liability for vacations) Salaries and Wages Expense 7776 Salaries and Wages Payable 7776 (To record sick leave paid) Salaries and Wages Expense 1296 Salaries and Wages Payable \begin{tabular}{|r||} \hline 1296 \\ \hline \\ \hline \end{tabular} Cash (To record vacation time paid)

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