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Employees earn vacation pay at the rate of one day per month. During the month of July, 19 employees qualify for one vacation day each. Their average daily wage is $94 per day. What is the amount of vacation benefit expense to be recorded for the month of July?

a) $1,786

b) $94

c) $19

d) $17,860

e) $178.60

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  • Category:- Accounting Basics
  • Reference No.:- M939991

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