Question: View Policies Show Attempt History Current Attempt in Progress Flint Company began operations on January 2, 2025. It employs 11 individuals who work B-hour days


View Policies Show Attempt History Current Attempt in Progress Flint Company began operations on January 2, 2025. It employs 11 individuals who work B-hour days and are paid hourly. Each employee eams 11 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. Flint Company has chosen to accrue the cost of compensated absences at rates of pay in effect during the period when earned and to accrue sick pay when earned. Question 3 of 7 135/27+ Vowir antere it comect (To accuet the expense and liability for vacations) Sabilerandwage bipenct Slavel and Waget pryable (To accrae the expense and lablity for aick pay) Solartitars wagei Payable (To record payment for compensabed time when used by employees) 2025 Huldiler and Wrges Eepenet Sularitand woges Parible (To accrue the axpense and liabily for wacations) Salarle1and Wogei Expence Solartes ard Waget Paydble (To accrue the expense and liabilty for sick pay) Salariet and wages Eloerde Solarlen and wayer Payable Cath (To record vacation time paid) sulylec and Wose bpense Salziecand ibger oppense Salarles and waget Foyable Salaritsand wajer pejable Canh (to recond sick leave paid) Compute the amounts of any liability for compensated absences that should be reported on the balance sheet at December 31 . 2025 and 2026
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