Multiple Choice
Employees earn vacation pay at the rate of one day per month.During the month of July,25 employees qualify for one vacation day each.Their average daily wage is $100 per day.What is the amount of vacation benefit expense to be recorded for the month of July?
A) $25
B) $100
C) $250
D) $2,500
E) $25,000
Correct Answer:
Verified
Correct Answer:
Verified
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