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Which the entry to record the expense of an employee

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Reference no: EM132982467

Problem 1: The entry to record the expense of an employee's vacation pay accrual would be:

Option 1: bank; credit vacation pay expense

Option 2: debit vacation pay payable; credit vacation pay expense

Option 3: debit vacation pay expense; credit vacation pay payable

Option 4: debit vacation pay expense; credit bank

Reference no: EM132982467

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