Could you guys help this problem?... I was struggled... Question 9 At Concord Company,...

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Accounting

Could you guys help this problem?... I was struggled...image

Question 9 At Concord Company, employees are entitled to one day's vacation for each month worked. In January, 55 employees worked the full month. Record the vacation pay liability for January, assuming the average daily pay for each employee is $120. (Credit account titles are automatically indented when amount is entered. Do not indent manually.) Date Account Titles and Explanation Debit Credit Jan. 31

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