Help Save & Exit Submit Check my work Listed below are a few transactions and events of Maxum Company. 1. Employees earn vacation pay at a rate of one day per month. During December, 20 employees quality for one 2. During December, Maxum Company sold 12,000 vacation day each. Their average daily wage is $160 per employee. o units of a product that carries a 60-day warranty. December sales for this product total $460,000. The company expects 10% of the units to need warranty repairs, and it estimates the average repair cost per unit will be $15. Prepare any necessary adjusting entries at December 31 for Maxum Company's year-end financial statements for each of the above separate transactions and events. View transaction list Journal entry worksheet 2 Employees earn vacation pay at a rate of one day per month. During December, 20 employees qualify for one vacation day daily wage is $160 per employee. Record the related adjusting entry each. Their average