Question

Exercise 13-5

Actual Hourly

Wage Rate

Vacation Days Used

by Each Employee

Sick Days Used

by Each Employee

2013

2014

2013

2014

2013

2014

Account Titles and Explanation

Debit

Credit

2013

(To accrue the expense and liability for vacations)

(To accrue the expense and liability for sick pay)

(To record sick leave paid)

2014

(To accrue the expense and liability for vacations)

(To accrue the expense and liability for sick pay)

(To record vacation time paid)

(To record payment for compensated time when used by employees)

SHOW LIST OF ACCOUNTS

LINK TO TEXT

2013

2014