Compensated Absences Mathewson Company began operations on January 2, 2010. It employs 9 individuals who work 8-hour days and are paid hourly. Each employee earns 10 paid vacation days and 6 paid sick days annually. Vacation days may be taken after January 15 of the year following the year in which they are earned. Sick days may be taken as soon as they are earned; unused sick days accumulate. Additional information is as follows.

Actual Hourly:
2010 - 12.00
2011 - 13.00

Vacation Days Used:
2010 - 0
2011 - 9

Sick Days Used:
2010 - 4
2011 - 5

Matthewson Company has chosen not to accrue paid sick leave until used, and has chosen to accrue vacation time at expected future rates of pay without discounting. The company used the following projected rates:

Year when earned: Future rates used to accrue vacation pay:
2010 12.90
2011 13.70

(a) Prepare journal entries to record transactions related to compensated absences during 2010.

(b) Prepare journal entries to record transactions related to compensated absences during 2011.