www Run Blon Marvel Microsoft Office Facebook Google Keep Ch 10 Problem Set Show Me How Calculator Printem Accrued Vacation Pay A business provides its employees with varying amounts of vacation per year, depending on the length of employment. The estimated amount of the current year's vacation pay is $79,800 a. Journalize the adjusting entry required on January 31, the end of the first month of the current year, to record the accrued vacation pay. If an amount box does not require an entry leave it blank Accounts Payable reported on the company's balance sheet Salaries Pays Payees are allowed to accumulate their vacation pay for use in future years Vacation Pay Expense Vacation Pay Payable hoved from the company's balance sheet? U UTIOvien set eBook Show Me How Accrued Vacation Pay A business provides its employees with varying amounts of vacation per year, dependin a. Journalize the adjusting entry required on January 31, the end of the first month of Cash Accounts Payable Jay reported on the company's balance sheet? hless employees are allowed to accumulate their vacation pay f Salaries Expense WH Vacation Pay Expense hoved from the company's balance sheet? Vacation Pay Payable LUU MIUI vuruly allus or vacation per year, depending on the length of employment. Th a. Journalize the adjusting entry required on January 31, the end of the first month of the current year, to record the acci b. How is the vacation pay reported on the company's balance sheet? J, unless employees are allowed to accumulate their vacation pay for use in future years. As a current asset moved from the company's balance sheet? As a current liability As an expense As a long-term liability Check My Work 3 more Check My Work uses remainina b. How is the vacation pay reported on the company's balance sheet?! unless employees are allowed to accumulate their vacation pay for use When is this amount removed from the company's balance sheet? When the accounting period ends When employees are paid When employees take vacations Never