Question: What action will cause a decrease in the balance of the Vacation Pay Payable account? An entry is made at year-end to record all the

What action will cause a decrease in the balance of the Vacation Pay Payable account?
An entry is made at year-end to record all the vacation taken during the year.
An employee continues to receive a salary while on vacation.
An accrual is made to record vacation liability.
The employer records employee benefits expense.

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