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What amount should be reported as vacation pay expense

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Question 1: The current salary of employee is an average of 5,000 per week and the salary is expected to increase to 5,500 per week. Krusty krab reported the employees are each entitled to two weeks of paid vacation leave. During the year earned 2,000 weeks of vacation leave and used 1,500 weeks. What amount should be reported as vacation pay expense if the benefit is non-accumulating and non-vesting?

Reference no: EM132899892

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